Yahoo will become Altaba, lose Mayer after Verizon buyout

Macworld
Jan 9, 2017, 7:38 pm385 pts
Yahoo intends to change its name to Altaba once the sale of its internet portal to Verizon is completed. CEO Marissa Mayer and co-founder David Filo also will leave the company then, Yahoo said in a regulatory filing on Monday. The changes are part of a $4.8 billion dollar deal signed in July 2016 to sell…

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