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Yahoo Announces SEC Filing for Planned Spin-Off of Remaining Stake in Alibaba Group

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SUNNYVALE, Calif.--(BUSINESS WIRE)--Yahoo! Inc. (NASDAQ:YHOO) today announced the initial filing with the Securities and Exchange Commission of a Registration Statement on Form N-2 under the Investment Company Act of 1940 in connection with its previously announced plan to spin off the company's remaining holdings in Alibaba Group Holding Limited into a newly formed independent, publicly traded, registered investment company. The name selected for the new public company is Aabaco Holdings, Inc.

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