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In what would be a significant business reversal, Web portal Yahoo (YHOO) will cancel the planned spinoff of its 15% stake in China e-commerce leader Alibaba Group (BABA) and instead examine spinning off its core Internet business, according to a report late Tuesday from CNBC. The move comes amid uncertainty over whether the spinoff of its stake would be tax-free, as Yahoo had intended. Earlier this year, the Internal Revenue Service said that it Scalper1 News
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