Altaba Inc. is an independent, publicly traded, non-diversified, closed-end management investment company registered under the 1940 Act. The Fund’s common stock is listed on NASDAQ Global Select Market (“Nasdaq”) under the ticker symbol “AABA.”
On June 13, 2017, Yahoo Inc. completed the sale of its operating business to Verizon Communications Inc. Subsequently, the Company was renamed “Altaba Inc.” and began trading under the ticker symbol “AABA.” Because Altaba Inc.’s assets consist primarily of securities and cash, the Company was required to register as an investment company under the Investment Company Act of 1940. The completion of the sale of the operating business to Verizon did not otherwise affect shares of Yahoo common stock, which now represent shares of common stock of the Company after it registered as an investment company and changed its name to “Altaba Inc.”
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.
New & Noteworthy
On September 6, 2019, Altaba Announced a Pre-Dissolution Liquidating Distribution of $51.50 Per Share. Read More >
On August 23, 2019, Altaba filed its June 30, 2019 Semi-Annual Report. Read More >
On June 27, 2019, Altaba Announced Stockholder Approval of Plan of Complete Liquidation and Dissolution.
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On June 7, 2019, Altaba filed a Supplement to the Definitive Proxy Statement. Read More >
On May 17, 2019, Altaba filed its Definitive Proxy Statement. Read More >