Instead of looking to spin off Yahoo’s Alibaba stake, maybe it should just sell it all, pay the capital gains tax, and then use the billions of dollars left over to buy a minority stake in another company?
Say Google, or a smartphone company?
Yahoo doesn’t have much left to lose, if it wants to get into cloud computing, maybe it can use the money from Alibaba stock to buy a stake in a cloud company? That would lead to a sharing of information and workers, and maybe ultimately Yahoo can buy out the cloud company and continue to build up steam from there?
Just some ideas,
Jack the Dreamer over and out!