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Altaba Inc. was a non-diversified, closed-end management investment company based in New York City [2] that was formed from the remains of the first incarnation of Yahoo! Inc. after Verizon had acquired old Yahoo's Internet business. [3] Verizon completed its acquisition on June 13, 2017, and put the assets under a new subsidiary named Yahoo!
Oct 4, 2007 · Altaba Inc. (formerly known as Yahoo! Inc.) is an independent, closed-end management investment company registered under the 1940 Act. 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 ...
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 $1.43 per share of the Fund’s common stock, par value $0.001 per share, or $742,901,253 in the aggregate (the “Liquidating Distribution”), which will be payable on July 29, 2022.
Jan 10, 2017 · Yahoo is selling most of its assets to Verizon and keeping the brand name, but the remaining company will be renamed Altaba. Altaba will hold the stock in Alibaba, the e-commerce giant that Yahoo invested in.
All Releases. NEW YORK-- (BUSINESS WIRE)--Altaba Inc. (“Altaba” or the “Fund”) today announced that on August 19, 2021 the Board of Directors (the “Board”) of the Fund approved a liquidating distribution of $0.54 per share of the Fund’s common stock, par value $0.001 per share, or $280,536,137.64 in the aggregate (the ...
DateTitle And SummaryToggle Summary Feb 9, 2023Altaba Announces Liquidating Distribution ...Toggle Summary Jan 5, 2023Altaba Announces Liquidating Distribution ...Toggle Summary Jul 21, 2022Altaba Announces Liquidating Distribution ...Toggle Summary May 27, 2022Altaba Announces Liquidating Distribution ...Altaba Inc. (the Fund), formerly Yahoo! Inc., is a non-diversified, closed-end management investment company. The Fund seeks to track the combined investment return of the Alibaba Shares and the Yahoo Japan Shares it owns.
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Apr 24, 2018 · Altaba, formerly known as Yahoo, agreed to pay $35 million for misleading investors by not disclosing a massive data breach in 2014. The SEC found that Yahoo had inadequate controls and procedures to assess and report the cyber incident and its impact.
