Yahoo! withdraws from the sale of shares

Yahoo! has decided to abandon the project of selling shares to the Chinese giant online retailer Alibaba. American Group has indicated that he prefers to focus on the performance of his activities online and to confrontation with his passivity in the ranks, to bring something new. At the end of the process, which could take months before it is
completed, there will be two separate and companies both listed on the stock exchange. Following this announcement, the company's securities have suffered a strong decline in Wall Street, losing 4 percent of the value.