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Liquidation and dissolution
- On April 2, 2019, the Fund’s Board of Directors approved the liquidation and dissolution of the Fund pursuant to a Plan of Complete Liquidation and Dissolution, which was approved by stockholders on June 27, 2019. On October 4, 2019, the Fund filed a certificate of dissolution with the Secretary of State of the State of Delaware.
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Jan 5, 2023 · NEW YORK-- ( BUSINESS WIRE )--Altaba Inc. (“Altaba” or the “Fund”) today announced that on Thursday, January 5, 2023, the Board approved a liquidating distribution of $0.68 per share of the...
Feb 9, 2023 · NEW YORK--(BUSINESS WIRE)--Altaba Inc. (“Altaba” or the “Fund”) today announced that the Board approved a liquidating distribution of $0.96 per share of the Fund’s common stock, par value $0.001 per share, or $498,730,911 in the aggregate (the “Liquidating Distribution”), which will be payable on February 17, 2023.
Jul 21, 2022 · NEW YORK-- ( BUSINESS WIRE )--Altaba Inc. (“Altaba” or the “Fund”) today announced that on Wednesday, July 20, 2022, after the close of business, the Board approved a liquidating distribution of...
On September 17, 2018, Altaba announced the sale of their stake in Yahoo Japan Corporation for $4.3 billion. On the same day, Altaba announced a $5.75 billion share repurchase program. On April 3, 2019, Altaba announced in a press release that it would sell its stake in Alibaba Group and shut down.
Feb 10, 2021 · Feb 10, 2021, 11:42 am EST. Share. Resize. Reprints. Altaba has made two significant distributions to its shareholders under its liquidation plan. Now, the company, formerly Yahoo!, is expected...
Apr 4, 2019 · Altaba, created from Yahoo's remains post Verizon's acquisition of the company, has announced it will liquidate and dissolve itself. As part of the company's dissolution, Altaba will sell its...
Jan 5, 2023 · NEW YORK-- ( BUSINESS WIRE )--Altaba Inc. (“Altaba” or the “Fund”) today announced that on Thursday, January 5, 2023, the Board approved a liquidating distribution of $0.68 per share of the Fund’s common stock, par value $0.001 per share, or $353,267,728 in the aggregate (the “Liquidating Distribution”), which will be payable on January 13, 2023.
