On April 3, 2016 Yahoo (Yahoo) with Weiruisen (Verizon) the stay investment firm Altaba after incorporating announces, the company will be liquidated and disband, share will make over all Alibaba of hold external.
According to associated press message, approval liquidates Altaba fund board of directors in the round now and dismiss a plan, before obtaining shareholder approval to undertake liquidate and be disbandinged, this fund plans to sell do not exceed its place to hold Alibaba 50% of share.
This fund plan trades through open market, private market sells Alibaba share. The basis predicts, this fund sells amount 39.8 billion dollar comes 41.1 billion dollar. Up to on December 31, 2018, altaba hold Alibaba the ADR share of 10.96% . Alibaba share price now dish hind drop 1% .
Altaba Inc originThe leave investment firm after Altaba Yahoo and Verizon are amalgamative. Verizon bought the core network business of Yahoo and relevant property 2017, and asset park the name is Yahoo! under new subsidiary. And hold Alibaba the company of the others asset such as the stock, more the name is Altaba. Altaba acceded Yahoo is original investment capital fund, manage Yahoo Japan stock at the same time, it is the 2nd large stockholder of Yahoo Japan, what occupy portion to be next to soft silver-colored company (Softbank) .
According to foreign media coverage, after transferring the hypostatic asset such as portal website, the main asset of Altaba company is before Yahoo company is round to the Babaji in Chinese A the equity of company of He Yahu Japan.
On January 10, 2017, yahoo announces its CEO Malisha Meiyeer and associated author David Feiluo will sell Verizon in core business trade the board of directors is exited after finishing, at the same time company name instead Altaba.
Feburary 2018, altaba indicates the share that sells Yahoo Japan of purpose.
On September 12, 2018, yahoo of former United States of Altaba(of American investment firm) announce 10 days, undersell shows the share of some all Yahoo Japan.
Altaba is liquidated and disband, to Alibaba He Ying rings? Welcome everybody to comment on.