Frank Aquila Appears on Bloomberg TV’s Street Smart

January 28, 2015

On January 28, Mr. Aquila appeared as a guest on Bloomberg TV's Street Smart in a segment titled, “What Is Yahoo Without Alibaba?” Mr. Aquila discussed the possible future of Yahoo with Bloomberg Intelligence's Paul Sweeney and Street Smart Anchor Trish Regan, exploring the aftermath of Alibaba's spin-off. “To a certain extent,” Mr. Aquila said, “spin-offs are going to be to 2015 what inversions were in 2014.” He went on to explain that this is “because in many cases the mismatch of assets in companies is what has kept companies from being sold… The defense of, 'Well I can't sell it because I have a big tax bill,' doesn't work when you can spin it off tax-free.”