And those worried about a tax free spin of BABA shares should not worry--a high chance spin can be tax-free despite recent BS from Obama Treasury changing legislative rules via Treasury regulations--won't work.
With BABA stake at $30 B or more, liquid assets now a $7.5 B, Market is still valuing Yahoo core and Yahoo Japan at about zero at today's price of Yahoo stock. Glad Yahoo went back to old message board. Much better. However, Brain Dead BOD and MM best not mess up the sale --their last chance to show they are not entirely worthless. I don't like the long bidding process and clamp on news. Seems a strange way to sell.
I suspect BHP is looking at its growth options and POT could be on the list. Last time it bid $38 B but the government wouldn't go along. Things are different now and a bid at $35 (not over $140 as before) would likely make everyone happy including the Canadians.