ALTABA is an investment company based in
New York City
New York City , that
Verizon 's acquisition of
Yahoo! Inc\'s internet
business . The company that remained after the purchase changed its
Altaba Inc. on June 16, 2017.
Verizon completed its
acquisition on June 13, 2017 and put the assets under a new
subsidiary, Oath . The only 'Yahoo!' branded interest in the hands of
Altaba is its stake in the joint venture
Yahoo! Japan .
* 1 History
* 2 Assets
* 3 References
* 4 External links
On June 16, 2017, the company that remained after Verizon
Communications purchased the internet businesses of
Yahoo! Inc. was
renamed ALTABA INC. On the United States Securities and Exchange
Commission 's website, they listed the new company as a
"non-diversified, closed-end management investment company ."
The ticker symbol: YHOO changed to: AABA on June 19, 2017.
On June 13,
Thomas J. McInerney became CEO of the former Yahoo Inc.,
after the departure of then-CEO
Marissa Mayer . He was also a board
member and chairman of the company. June 19, the
listed McInerney as the first CEO of new iteration of the company,
Altaba sold all 4.6M common shares of
Snap Inc. for
Altaba owns Excalibur IP, LLC, a patent company, controls a
significant but minority interest in
Yahoo! Japan (35.5%) and Alibaba
Group (16.3%), and also owns minority investments in Hortonworks,
Inc. , Gomaji Corp., Ltd, Envestnet, Inc. , Qumu Corporation ,
SeatGeek, Inc ., Protagenic Therapeutics, Inc., Eastman
, and Paperless Inc. .
Company To Be Re-Named
Altaba And Register As Investment Company".
TheStreet.com . June 13, 2017. Retrieved June 28, 2017.
* ^ Natalie Walters (January 10, 2017). "
Yahoo! Set to Thrive Under
Altaba Name Thanks to Alibaba Stake".
TheStreet.com . Retrieved
June 28, 2017.
* ^ "
Altaba Announces 2017 Annual Meeting of Stockholders".
businesswire.com. June 16, 2017. Retrieved June 16, 2017.
* ^ "Business Search - Business Entities - Business Programs -
California Secretary of State". businesssearch.sos.ca.gov. June 16,
2017. Retrieved June 16, 2017.
* ^ "8-K". sec.gov. June 16, 2017. Retrieved June 16, 2017.
* ^ Kharpal, Arjun (June 13, 2017). "
Verizon completes acquisition
of Yahoo as
Marissa Mayer resigns". CNBC. Retrieved June 13, 2017.
* ^ "8-K". sec.gov. June 16, 2017. Retrieved June 17, 2017.
* ^ "Altaba, formerly Yahoo, starts trading on Nasdaq".
CNBC . June
19, 2017. Retrieved June 28, 2017.
* ^ "Altaba, Inc". altaba.com. June 19, 2017. Retrieved June 19,
* ^ https://www.altaba.com/index.cfm/
* ^ http://fortune.com/2017/10/02/snapchat-snap-stock-yahoo/
* ^ Paul R. La Monica (June 19, 2017). "
Verizon and all new Oath
Inc. Story of Yahoo, AOL and Altaba".
CNN Money . Retrieved June 28,
* ^ "
Verizon and all new
Oath Inc. Story of Yahoo, AOL and Altaba".
FlatFur.com Media & Labs . June 29, 2017. Retrieved November 9, 2017.
* ^ "Holdings". Altaba. Retrieved June 28, 2017.