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No idea what you mean by that.

Yahoo has $6B in cash and short term investments, and $1.2B in debt.




That is just the "current" debt. They also have almost $15B in long-term liabilities, primarily $13.5B in deferred tax payments and $1.2B in general long-term debt.


Deferred tax is only payable when shares in Alibaba are sold, which will not.

Yahoo will spin it off tax free to shareholders.


In which case that liability does not transfer and all the people here subtracting Alibaba's asset value without subtracting that liability are wrong.


That is 100% wrong.

Ask an accountant if you don't believe me.




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