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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]
Oct 4, 2007 · On September 30, 2019, Altaba Announced Nasdaq to Halt Trading in Altaba Shares on October 2, 2019. Read More > On September 6, 2019, Altaba Announced a Pre-Dissolution Liquidating Distribution of $51.50 Per Share. Read More > On June 27, 2019, Altaba Announced Stockholder Approval of Plan of Complete Liquidation and Dissolution. Read More >
Altaba and SoftBank Terminate Joint Venture Agreement Relating to Yahoo Japan NEW YORK --(BUSINESS WIRE)-- Altaba Inc. ("Altaba" or the "Fund") (NASDAQ:AABA) announced that it has entered into a definitive agreement with SoftBank Corp., which is currently a wholly-owned subsidiary of SoftBank Group
Jan 5, 2023 · Altaba, formerly Yahoo! Inc., is an investment company that plans to dissolve after distributing its remaining assets to stockholders. The latest distribution is part of the court-supervised wind-up proceedings and is subject to various risks and uncertainties.
Jan 9, 2017 · Yahoo is selling most of its assets to Verizon and keeping the Yahoo brand. The remaining company, which owns stock in Alibaba, will be renamed Altaba. Learn why and how this works in this explainer.
Nov 21, 2017 · Altaba is a former subsidiary of Yahoo that owns stakes in Alibaba and Yahoo Japan. It also holds other assets and has a share repurchase program to return value to shareholders.
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.
