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Starboard asks Yahoo to sell core business instead of Alibaba stake

November 19, 2015 by · Leave a Comment 

Activist investor Starboard Value LP asked Yahoo Inc to drop plans to spin off its stake in Alibaba Group Holdings Ltd due to tax concerns, and instead urged the company to sell its core search and display advertising businesses. Yahoo's current net cash holding and the funds raised from a sale of the business could be returned to shareholders through buybacks and…

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Starboard asks Yahoo to sell core business instead of Alibaba stake

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Exclusive: Pfizer negotiating 2-3 percent Allergan break-up fee – sources

November 19, 2015 by · Leave a Comment 

A break-up fee of that amount, to be paid by Pfizer if it were to walk away from the Allergan deal, would show confidence that the regulatory risk to the merger does not pose an existential threat, despite the U.S. Treasury planning this week to tighten the rules on corporate tax inversions, a key aspect of their plan. The break-up fee…

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Exclusive: Pfizer negotiating 2-3 percent Allergan break-up fee – sources

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Investors "swipe right" in Tinder-owner Match’s debut

November 19, 2015 by · Leave a Comment 

Match Group, which touts itself as the world's No. 1 dating company, is seen as the crown jewel of Diller's media properties and has driven parent IAC/InterActiveCorp's profit and revenue in recent quarters. One of Match Group's most popular

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Investors "swipe right" in Tinder-owner Match’s debut