Altaba: Difference between revisions
Content deleted Content added
mNo edit summary |
Informer1234 (talk | contribs) m specified unclear portion in opening. |
||
| Line 15: | Line 15: | ||
| homepage = {{URL|altaba.com/}} |
| homepage = {{URL|altaba.com/}} |
||
}} |
}} |
||
'''Altaba Inc.''' is |
'''Altaba Inc.''' is an investment holding corporation that controls a significant interest in [[Yahoo! Japan]] and [[Alibaba Group|Alibaba]]. It was created as a result of [[Verizon]]'s acquisition of [[Yahoo!|Yahoo! Inc's internet business]].<ref>https://www.thestreet.com/story/13948684/1/yahoo-set-to-thrive-under-new-altaba-name-thanks-to-alibaba-stake.html</ref> The company changed its name to Altaba Inc. on June 16, 2017. <ref>{{cite web|url=http://www.businesswire.com/news/home/20170616005694/en/Altaba-Announces-2017-Annual-Meeting-Stockholders|title=Altaba Announces 2017 Annual Meeting of Stockholders|date=June 16, 2017|accessdate=June 16, 2017|website=businesswire.com}}</ref><ref>{{cite web|url=https://businesssearch.sos.ca.gov/CBS/SearchResults?SearchType=CORP&SearchCriteria=altaba&SearchSubType=Keyword|title=Business Search - Business Entities - Business Programs - California Secretary of State|date=June 16, 2017|accessdate=June 16, 2017|website=businesssearch.sos.ca.gov}}</ref><ref>{{cite web|url=https://www.sec.gov/Archives/edgar/data/1011006/000119312517205499/d372379d8k.htm|title=8-K|date=June 16, 2017|accessdate=June 16, 2017|website=sec.gov}}</ref> Verizon completed the acquisition on June 13, 2017. Verizon announced that Yahoo! Inc's Internet assets would be combined under a new subsidiary, [[Oath Inc.|Oath]].<ref name=":0">{{cite web|url=http://www.cnbc.com/2017/06/13/verizon-completes-yahoo-acquisition-marissa-mayer-resigns.html|title=Verizon completes acquisition of Yahoo as Marissa Mayer resigns|last=Kharpal|first=Arjun|work=CNBC|date=June 13, 2017|accessdate=June 13, 2017}}</ref> |
||
On June 16, 2017, parts of the original Yahoo Inc, which were not purchased by Verizon Communications, were renamed '''Altaba Inc.''' On the [[United States Securities and Exchange Commission]]'s website, they listed the new company as a "non-diversified, [[Closed-end fund|closed-end management investment company]]."<ref>{{cite web|url=https://www.sec.gov/Archives/edgar/data/1011006/000119312517205499/d372379d8k.htm|title=8-K|date=June 16, 2017|accessdate=June 17, 2017|website=sec.gov}}</ref> |
On June 16, 2017, parts of the original Yahoo Inc, which were not purchased by Verizon Communications, were renamed '''Altaba Inc.''' On the [[United States Securities and Exchange Commission]]'s website, they listed the new company as a "non-diversified, [[Closed-end fund|closed-end management investment company]]."<ref>{{cite web|url=https://www.sec.gov/Archives/edgar/data/1011006/000119312517205499/d372379d8k.htm|title=8-K|date=June 16, 2017|accessdate=June 17, 2017|website=sec.gov}}</ref> |
||
Revision as of 21:23, 19 June 2017
 Altaba Inc. logo | |
| |
| Company type | Public |
|---|---|
| Nasdaq: AABA | |
| Industry | Holding company |
| Founded | January 1994 (as Jerry and David's Guide to the World Wide Web) March 2, 1995 (as Yahoo!) June 16, 2017 (as Altaba) |
| Defunct | 4 October 2019  |
| Headquarters | New York City, New York, U.S. , U.S. |
Key people | Thomas J. McInerney (President and CEO) |
| Subsidiaries | Yahoo! Japan (35.5%) Alibaba Group (16.3%) |
| Website | altaba |
Altaba Inc. is an investment holding corporation that controls a significant interest in Yahoo! Japan and Alibaba. It was created as a result of Verizon's acquisition of Yahoo! Inc's internet business.[1] The company changed its name to Altaba Inc. on June 16, 2017. [2][3][4] Verizon completed the acquisition on June 13, 2017. Verizon announced that Yahoo! Inc's Internet assets would be combined under a new subsidiary, Oath.[5]
On June 16, 2017, parts of the original Yahoo Inc, which were not purchased by Verizon Communications, were 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."[6]
The Yahoo Inc. ticker symbol YHOO was retired in favor of 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.[7] June 19, the Altaba website listed McInerney as the first CEO of new iteration of the company, Altaba Inc.
References
- ^ https://www.thestreet.com/story/13948684/1/yahoo-set-to-thrive-under-new-altaba-name-thanks-to-alibaba-stake.html
- ^ "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, Inc". altaba.com. June 19, 2017. Retrieved June 19, 2017.
External links
- Business data for Altaba: