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Yahoo Rename So Altaba

Yahoo Rename So Altaba

Verizon Issues woo Yahoo, which has blown the year 2016 yesterday, eventually proved correct. Yahoo is rumored to have been acquired by US-based telecommunications company.

After Yahoo acquired by Verizon, Yahoo names is proposed to be renamed Altaba Inc. The proposal was contained in a report submitted to the securities commissions Yahoo and US stocks on Monday (09/01/2017).

In the report documents, precisely at 8:01 Item say, Yahoo's directors decided to change the name into Altaba Yahoo Inc. This follows the completion of the acquisition transaction Verizon against Yahoo.

Information from the Wall Street Journal on Tuesday (10/01/2017), Yahoo's board will follow the proposal to change the name to Altaba Inc. The move will be carried out in tandem with the completion of the transaction of acquisition of Yahoo Verizon.

While the remaining five members of Yahoo, Tor Braham, Eric Brand, Catherine Friedman, Thomas McInerney and Jeffrey Smith, is proposed to be officials Altaba. Meanwhile, Brandt serves as chair of the board of directors Albata Inc.

Yahoo acquired by Verizon valued at 4.83 billion US dollars in cash. The second agreement Internet companies and telecom operators who are both based in the United States agreed in July 2016 ago.

In the same document, Yahoo CEO Marissa Mayer and several high-ranking Yahoo also called strategic positions they will take off today.

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