It’s Over : Yahoo is renaming itself to Altaba

Yahoo is over. The company which will be acquired by Verizon is still hanging on to its 15 % stake in Alibaba and its 35.5 % stake in Yahoo Japan, and…

Yahoo is over.
The company which will be acquired by Verizon is still hanging on to its 15 % stake in Alibaba and its 35.5 % stake in Yahoo Japan, and those assets will survive as an investment company under the new name Altaba Inc., as the rest of Yahoo integrates with Verizon.
As per SEC filing, only five board members will remain at Altaba: Tor Braham, Eric Brandt, Catherine Friedman, Thomas McInerney and Jeffrey Smith. The rest of Yahoo’s board, including CEO Marissa Mayer, will step down from the newly formed company.

This is the end!
This is the end!

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