Yahoo’s Small Business unit -- which sells tools to help small business owners market and sell their goods online -- is being broken off from the company. The decision is apparently tied to
Yahoo’s plan to spin off its shares of Alibaba. As The Wall Street Journal reports: “The real purpose of the spin-out is to unlock the value of those shares and save investors billions of
dollars on taxes, [and] Yahoo was also required to jettison a part of its operating business so that, at least for tax purposes, the new entity includes an ‘active trade or
business.’”
Read the whole story at The Wall Street Journal »
