Yahoo announced on Wednesday that it was reversing course on a plan to spin off its stake in the Chinese e-commerce company Alibaba — shares worth more than $30 billion. Yahoo shareholders would like to be able to cash in some of that stake, but they face substantial taxes if they do so. Smith School accounting lecturer Samuel Handwerger explains the accounting logic.
Responding to pressure from shareholders, Yahoo has dropped a plan to spin off its holdings in Alibaba, a Chinese e-commerce company. Instead, it will create a new company consisting of Yahoo's core businesses, including search, email and news content, plus the company's stake in Yahoo Japan. Smith School professor Rajshree Agarwal says Yahoo's real problem is lack of a clear mission.
François de Zamaróczy, Smith MBA candidate 2017, writes about the Pitch Dingman semifinals event last week. Pitch Dingman is the University of Maryland’s only business competition exclusively for Terps.
Alex Triantis, dean of the Robert H. Smith School of Business at the University of Maryland, was a featured panelist on the Forté Foundation’s Allies and Advocates: Game-Changers Who are Moving the Needle on Gender Parity on Nov. 19, 2015, at the New York Life offices in New York City.
In this edition of Smith Business Close-Up, host Jeff Salkin visits the Smith School to sit down with professor Joseph Bailey, a 2014 Thomas Alva Edison Visiting Scholar with the U.S. Patent and Trademark Office.