• by Joe Mandese  @mp_joemandese, December 9, 2015

Following a week of speculation over the fate of the company and its core assets, the board of directors of Yahoo this morning said it unanimously decided to “suspend work” on pending plans including a spinoff of its holdings in Chinese eCommerce platform Alibaba.

Details of the decision are expected to be discussed during a call with investors and analysts set for this morning, but the Yahoo board said it is now exploring “alternative transaction structures” to separate the Alibaba stake from Yahoo’s core assets, which would likely result in a newly formed publicly-traded company.

The board said the so-called “reverse spin” was being made to boost shareholder value and create greater transparency for Yahoo’s shareholders.