Altaba, Inc.
Investment ManagementNew York, United States2-10 Employees
Altaba, Inc. is an investment management company based in New York, formed after Yahoo completed the sale of its operating business to Verizon in June 2017. The company’s assets are primarily equity investments, short-term debt investments, and cash, which led it to register as an investment company under the Investment Company Act of 1940. The completion of Yahoo’s sale did not affect Yahoo common stock, which now represents shares of Altaba following the company’s reorganization and name change. In August 2017, Altaba appointed Richard L. Kauffman to its Board of Directors. The company maintains a small staff and operates within the investment management space, focusing on holdings rather than operating businesses.