NEW YORK --(BUSINESS WIRE)-- Yahoo! Inc. ("Yahoo" or the "Company") (NASDAQ:YHOO) announced today that it completed the sale of its operating business to Verizon Communications Inc. for $4,475,800,000 , subject to certain pre-closing and post-closing adjustments as provided in the underlying
NEW YORK --(BUSINESS WIRE)-- Yahoo! Inc. ("Yahoo" or the "Company") (NASDAQ:YHOO) announced today the Alibaba VWAP (as described below) and the prices payable for shares in connection with its previously announced modified "Dutch auction" self-tender offer to purchase for cash up to $3,000,000,000
NEW YORK --(BUSINESS WIRE)--Sep. 30, 2019-- Altaba Inc. (“Altaba” or the “Fund”) (NASDAQ: AABA) today announced that The Nasdaq Stock Market LLC (“Nasdaq”) has advised the Fund that it intends to halt trading in the Fund’s shares of common stock, par value $0.001 per share (the “Shares”), on the
NEW YORK --(BUSINESS WIRE)-- Altaba Inc. (" Altaba " or the "Company") (NASDAQ:AABA) today announced that the Altaba senior management team will provide a strategic and financial update in a conference call and webcast scheduled for 8:30 a.m. Eastern Time on Tuesday, February 27, 2018 .
NEW YORK --(BUSINESS WIRE)--Sep. 23, 2019-- Altaba Inc. (“Altaba” or the “Fund”) (NASDAQ: AABA) today announced that, in furtherance of the liquidation and dissolution of the Fund pursuant to its Plan of Complete Liquidation and Dissolution (the “Plan”), the Fund intends to file a certificate of
NEW YORK --(BUSINESS WIRE)--Oct. 4, 2019-- Altaba Inc. (“Altaba” or the “Fund”) (NASDAQ: AABA) today announced that it filed a certificate of dissolution with the Secretary of State of the State of Delaware , as contemplated by the Plan of Complete Liquidation and Dissolution (the “Plan”)
NEW YORK --(BUSINESS WIRE)-- On June 13, 2017 , Yahoo! Inc. ("Yahoo") completed the sale of its operating business to Verizon Communications Inc. On June 16, 2017 , Yahoo changed its name to "Altaba Inc." ("Altaba" or the "Fund") and filed a Notification of Registration on Form N-8A and a
NEW YORK --(BUSINESS WIRE)-- Altaba Inc. ("Altaba" or the "Fund") (NASDAQ: AABA) announced today the commencement of a tender offer to purchase up to 195,000,000 issued and outstanding shares of its common stock at a purchase price per share equal to (A) 0.35 American Depositary Shares ("Alibaba
NEW YORK --(BUSINESS WIRE)--Jun. 7, 2018-- Altaba Inc. (“Altaba” or the “Fund”) (NASDAQ: AABA) announced today the commencement of a tender offer to purchase up to 195,000,000 issued and outstanding shares of its common stock at a purchase price per share equal to (A) 0.35 American Depositary
NEW YORK --(BUSINESS WIRE)-- Altaba Inc. (" Altaba " or the "Company") (NASDAQ:AABA) today announced that Thomas J. McInerney , chief executive officer of Altaba , will participate in a fireside chat at The Oppenheimer 20th Annual Technology, Internet & Communications Conference in Boston,
NEW YORK --(BUSINESS WIRE)-- Altaba Inc. (" Altaba " or the "Company") (NASDAQ:AABA) today announced that its board of directors appointed Richard L. Kauffman as an independent director, effective August 11, 2017 , filling the vacancy on Altaba's board and bringing the total number of directors to
NEW YORK --(BUSINESS WIRE)--Jun. 27, 2019-- Altaba Inc. (“Altaba” or the “Fund”) (NASDAQ:AABA) today announced that, at the Fund’s special meeting of stockholders (the “Special Meeting”) held earlier today, its stockholders voted to approve the voluntary liquidation and dissolution of the Fund
NEW YORK --(BUSINESS WIRE)--Aug. 9, 2018-- Altaba Inc. (“Altaba” or the “Fund”) (NASDAQ: AABA) announced today the preliminary results of its tender offer to purchase up to 195,000,000 (approximately 24%) shares of its common stock, which expired at 5:00 p.m.
NEW YORK --(BUSINESS WIRE)-- Altaba Inc. ("Altaba" or the "Company") (NASDAQ:AABA) announced today the preliminary results of its modified "Dutch auction" self-tender offer to purchase up to $3.0 billion of shares of its common stock, which expired at 11:59 p.m.
NEW YORK --(BUSINESS WIRE)--Sep. 6, 2019-- Altaba Inc. (“Altaba” or the “Fund”) (NASDAQ: AABA) today announced that, on September 5, 2019 , the Board of Directors (the “Board”) of the Fund declared a pre-dissolution liquidating distribution of $51.50 in cash per share of its common stock, par value
NEW YORK --(BUSINESS WIRE)--May 15, 2019-- Altaba Inc. (“Altaba” or the “Fund”) announced today that, in connection with its previously announced Plan of Complete Liquidation and Dissolution (the “Plan”), the Fund intends to commence selling the Alibaba Group Holding Limited’s (“Alibaba”) American
NEW YORK --(BUSINESS WIRE)--Sep. 10, 2018-- Altaba Inc. ("Altaba" or the "Fund") (NASDAQ: AABA) today announced that it has entered into an agreement with certain managers (the "Managers") regarding the proposed sale of an undetermined number of shares (the "Shares") of Yahoo Japan Corporation
NEW YORK --(BUSINESS WIRE)--May 13, 2019-- Altaba Inc. (“Altaba” or the “Fund”) (NASDAQ:AABA) today announced that its special meeting of stockholders in connection with the proposed liquidation and dissolution of the Fund will be held on Thursday, June 27, 2019 at 11:30 a.m.
NEW YORK--( BUSINESS WIRE )--Altaba Inc. (“Altaba” or the “Fund”) today announced that on October 23, 2020 the Board of Directors (the “Board”) of the Fund approved a liquidating distribution of $8.33 per share of the Fund’s common stock, par value $0.001 per share, or $4,327,529,678.78 in the
NEW YORK--( BUSINESS WIRE )--Altaba Inc. (“Altaba” or the “Fund”) today announced that on July 23, 2021 the Board of Directors (the “Board”) of the Fund approved a liquidating distribution of $7.48 per share of the Fund’s common stock, par value $0.001 per share, or $3,885,945,017.68 in the
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
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
NEW YORK--( BUSINESS WIRE )--Altaba Inc. (“Altaba” or the “Fund”) today announced that on Friday, May 27, 2022, the Board approved a liquidating distribution of $0.75 per share of the Fund’s common stock, par value $0.001 per share, or $389,633,524 in the aggregate (the “Liquidating Distribution”),
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
NEW YORK, December 21, 2021 --( BUSINESS WIRE )--Altaba Inc. ("Altaba" or the "Fund") today announced that on Monday, December 20, 2021, after the close of business, the Board of Directors of the Fund (the "Board") approved a liquidating distribution of $0.67 per share of the Fund’s common stock,
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 “Liquidating Distribution”), which will be payable on September 1, 2021.
NEW YORK--( BUSINESS WIRE )--Altaba Inc. (“Altaba” or the “Fund”) today announced that on Monday, March 7, 2022, the Board of Directors of the Fund (the “Board”) approved a liquidating distribution of $0.24 per share of the Fund’s common stock, par value $0.001 per share, or $124,682,727 in the
NEW YORK --(BUSINESS WIRE)--Aug. 10, 2018-- Altaba Inc. (“Altaba” or the “Fund”) (NASDAQ: AABA) announced today the final results of its tender offer to purchase up to 195,000,000 (approximately 24%) shares of its common stock, at a price per share equal to (i) 0.35 American Depository Shares
NEW YORK --(BUSINESS WIRE)-- Altaba Inc. ("Altaba" or the "Company") (NASDAQ:AABA) announced today the final results of its modified "Dutch auction" self tender offer to purchase up to $3.0 billion of shares of its common stock, which expired at 11:59 p.m. , New York City time, on June 16, 2017 .
NEW YORK --(BUSINESS WIRE)-- Altaba Inc. ("Altaba" or the "Fund") (NASDAQ:AABA) announced today the extension of its previously announced tender offer to purchase up to 195,000,000 issued and outstanding shares of its common stock, at a purchase price per share equal to (A) 0.35 American Depositary
NEW YORK --(BUSINESS WIRE)-- Altaba Inc. ("Altaba" or the "Fund") (NASDAQ:AABA) announced today the extension of its previously announced tender offer to purchase up to 195,000,000 issued and outstanding shares of its common stock, at a purchase price per share equal to (A) 0.35 American Depositary
NEW YORK --(BUSINESS WIRE)--Sep. 10, 2018-- Altaba Inc. ("Altaba" or the "Fund") (NASDAQ: AABA) today announced the determination to sell all of the shares (the "Shares") of Yahoo Japan Corporation ("Yahoo Japan") common stock that it currently holds to certain managers (the "Managers") in
NEW YORK --(BUSINESS WIRE)--Apr. 2, 2019-- Altaba Inc. (“Altaba” or the “Fund”) (NASDAQ:AABA) today announced that the Fund’s Board of Directors (the “Board”) has approved the liquidation and dissolution of the Fund pursuant to a Plan of Complete Liquidation and Dissolution (the “Plan”), subject to
NEW YORK , Aug. 6, 2018 /PRNewswire/ -- Altaba Inc. (" Altaba " or the "Fund") (NASDAQ: AABA) announced today the Alibaba VWAP (as described below) and the cash portion of the offer consideration payable for shares in connection with its previously announced tender offer to purchase up to
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
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
NEW YORK--On June 16, 2017, Yahoo! Inc. (“Yahoo”) changed its name to Altaba Inc. (the “Fund”) and registered with the Securities and Exchange Commission (“SEC”) as a non-diversified, closed-end management investment company. Also on June 16, 2017, the Board of Directors of the Fund scheduled the
NEW YORK --(BUSINESS WIRE)-- Altaba Inc. (" Altaba " or the "Company") (NASDAQ:AABA) today announced that its Board of Directors has authorized the repurchase of up to $5 billion of its common stock. Altaba announced in June that it had repurchased approximately 64.5 million common shares, or
