 Altaba Inc. logo | |
| Formerly | Yahoo! Inc. (1995–2017) |
|---|---|
| Company type | Public |
| Nasdaq: AABA | |
| Industry | Investment company |
| Predecessor | Yahoo! Inc. |
| Founded | January 1994 (as Jerry and David's Guide to the World Wide Web) March 2, 1995 (as Yahoo!) June 17, 2017 (as Altaba) |
| Founders | |
| Defunct | October 4, 2019 |
| Fate | Dissolution |
| Headquarters | New York City, New York , United States |
Key people | Thomas J. McInerney (president and CEO) |
| Revenue | $333 million[1] (2018) |
| Subsidiaries | Excalibur IP, LLC |
| Website | www |
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] Verizon completed its acquisition on June 13, 2017, and put the assets under a new subsidiary named Yahoo! Holdings within its newly created division, Oath (now the current incarnation of Yahoo! Inc.).[4] After the transaction, Yahoo! Inc. had no operating business but retained its cash holdings, partnership investments and bond portfolio, as well as certain patents that Verizon did not purchase. It reorganized as an investment fund and changed its name to Altaba Inc. on June 16.[5][6][7] The only Yahoo! - branded interest held by Altaba was its stake in the joint venture Yahoo! Japan, which it sold to the SoftBank Group in late 2018.[2][8]
- ^ Form N-CSR. February 27, 2019
- ^ a b "Yahoo Completes Sale Of Operating Business; Company To Be Re-Named Altaba And Register As Investment Company". TheStreet.com. June 13, 2017. Retrieved June 28, 2017.
- ^ Natalie Walters (January 10, 2017). "Yahoo! Set to Thrive Under New Altaba Name Thanks to Alibaba Stake". TheStreet.com. Retrieved June 28, 2017.
- ^ Kharpal, Arjun (June 13, 2017). "Verizon completes acquisition of Yahoo as Marissa Mayer resigns". CNBC. Retrieved June 13, 2017.
- ^ "Altaba Announces 2017 Annual Meeting of Stockholders". Business Wire. 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.
- ^ Chin, Kimberly (September 17, 2018). "Altaba Sells Remaining Yahoo Japan Shares". The Wall Street Journal. ISSN 0099-9660. Retrieved January 28, 2019.