Yahoo Asia Asset-Sale Talks Said to Hit Impasse

Feb. 14 (Bloomberg) -- Yahoo! Inc., the largest U.S. Web portal, tumbled following a report that the talks concerning a possible sale of its Asian assets have hit an impasse. The discussions stalled partly because of concerns over whether the terms will be tax efficient enough, according to the technology blog AllThingsDigital. Yahoo owns stakes in Alibaba Group Holding Ltd. and Yahoo Japan. Jon Erlichman reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

Bloomberg | February 14, 2012

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