Yahoo Inc (YHOO.O) will not move forward with a spin-off of its stake in Alibaba Group Holding Ltd (BABA.N), CNBC reported on Tuesday, citing sources.

Yahoo will examine a spin-off of its core business and is expected to announce the move on Wednesday, CNBC added.

Yahoo couldn’t immediately be reached for comment.

(Reporting by Kshitiz Goliya in Bengaluru; Editing by Maju Samuel)

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