Yahoo may not get what it wants from the IRS on spin-off plans
September 29, 2015 at 10:17 AM EDT
Yahoo is moving forward, with or without IRS approval. The company said in a filing with the Securities and Exchange Commission on Monday that it will go ahead with plans to spin off its shares of Chinese e-commerce company Alibaba into a separate company, even if the IRS does not grant the tax-free transaction with a “favorable ruling...