Asian Deal: Early Christmas Present For Yahoo Shareholders

  • December 22, 2011

Yahoo’s sales of its holdings in Alibaba Group and Yahoo! Japan would generate a tax-free value of $17 billion that would create “significant value” for its shareholders, and would boost the company’s publicly traded shares by more than 25%, J.P. Morgan analyst Doug Anmuth wrote in a note to investors about the speculative deal this morning. According to various news reports, the Yahoo board is expected to meet today to vote on the deal, which Anmuth characterized as an early “Christmas present” for Yahoo’s shareholders.

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