Yahoo to be named Altaba, CEO Marissa Mayer to quit board after Verizon deal
- by B2B Desk 2017-01-10 08:31:53
Yahoo Inc said on Monday that it would rename itself Altaba Inc and chief executive officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc. Yahoo has a deal to sell its core internet business, which includes its digital advertising, email and media assets, to Verizon for $4.83 billion. The terms of that deal could be amended—or the transaction may even be called off - after Yahoo last year disclosed two separate data breaches; one involving some 500 million customer accounts and the second involving over a billion.
POPULAR POSTS
Flipkart sweetens buyout offer for Snapdeal with $950 million offer
by B2B Desk, 2017-07-18 10:17:35
BPCL Makes Its First US Oil Purchase, Buys Mars, Poseidon
by B2B Desk, 2017-07-17 09:08:49
Mahindra & Mahindra heads to US; manufacturing unit to start operations soon
by B2B Desk, 2017-07-17 09:09:02
Paytm buys majority stake in ticketing platform Insider.in
by B2B Desk, 2017-07-14 07:22:52
Flipkart may make revised offer of $950 million for Snapdeal
by B2B Desk, 2017-07-13 09:12:42
Two airlines may start ops under low-cost scheme by Sept end
by B2B Desk, 2017-07-13 09:12:28
Jaitley's 10% tax on income from carbon credits a mixed bag
by B2B Desk, 2017-07-12 11:12:52
Follow on Insta
RECENTLY PUBLISHED
Nestle's potential regulatory trouble in India over sugar issue; brand clarifies
- by B2B Desk, 2024-04-19 08:53:55
"Ola, Uber challenger Namma Yatri is in discussions to raise $10-15 million in its debut funding round."
- by B2B Desk, 2024-04-18 09:31:53
Ibotta, supported by Walmart, aims for a valuation of up to $2.7 billion in its upcoming US IPO
- by B2B Desk, 2024-04-18 08:52:37
Beginner's Guide: Getting Started with Stock Market Investing, Step by Step
- by B2B Desk, 2024-04-18 07:36:20
Subscribe now
x
![logo]()
