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Yahoo Says Talks Continue With Alibaba; But Not Yahoo Japan [forbes.com]
"We are currently exploring a simplified transaction structure which if executed would provide greater certainty of closing to monetize a portion of our Alibaba stake," Thompson said on the call. "While we also plan to continue exploring alternatives to unlock the value of our Yahoo Japan stake for shareholders, any transaction has to be at a value that makes sense for Yahoo and its shareholders. We currently have a valuation gap with respect to the Yahoo Japan stake that we have not been able to bridge. Given that we are focus on our discussions with Alibaba, and we are not in a position to provide further details or certainty on todays call."