2, 2019-- Altaba Inc. (Altaba or the Fund) (NASDAQ:AABA) today announced that the Funds Board of Directors (the Board) has approved the liquidation and dissolution of the Fund pursuant to a Plan of Complete Liquidation and Dissolution (the Plan), subject to, NEW YORK --(BUSINESS WIRE)--Sep. 10, 2018-- Altaba Inc. ("Altaba" or the "Fund") (NASDAQ: AABA) today announced the determination to sell all of the shares (the "Shares") of Yahoo Japan Corporation ("Yahoo Japan") common stock that it currently holds to certain managers (the "Managers") in, NEW YORK --(BUSINESS WIRE)--Sep. 10, 2018-- Altaba Inc. ("Altaba" or the "Fund") (NASDAQ: AABA) today announced that it has entered into an agreement with certain managers (the "Managers") regarding the proposed sale of an undetermined number of shares (the "Shares") of Yahoo Japan Corporation, NEW YORK --(BUSINESS WIRE)--Aug. 10, 2018-- Altaba Inc. (Altaba or the Fund) (NASDAQ: AABA) announced today the final results of its tender offer to purchase up to 195,000,000 (approximately 24%) shares of its common stock, at a price per share equal to (i) 0.35 American Depository Shares. . rights will be tracked by DTC. Altaba is an independent, non-diversified, closed-end management investment company registered under the Investment Company Act of 1940. rata basis to or for the benefit of the Funds stockholders. The Fund may sell up to 100% of its Alibaba Shares prior to filing a certificate of dissolution with the Secretary of State of the State of Delaware. Such risks and uncertainties relate to, among other things: the availability, timing and amount of liquidating distributions; the amounts that will need to be set aside by the Fund; the adequacy of such reserves to satisfy the Funds obligations; the ability of the Fund to favorably resolve certain potential tax claims, litigation matters and other unresolved contingent liabilities of the Fund; the amount of proceeds that might be realized from the sale or other disposition of the Funds primary asset, its Alibaba shares; the application of, and any changes in, applicable tax laws, regulations, administrative practices, principles and interpretations; the incurrence by the Fund of expenses relating to the liquidation and dissolution; and the ability of the Board to abandon, modify or delay implementation of the Plan prior to filing the certificate of dissolution. Consequently, the Fund expects that any transfers of such Alibaba Share value at the time of distribution, of $177.00 per Alibaba On October 4, 2019, the Fund filed a certificate of dissolution with the Secretary of State of the State of Delaware. management investment company registered under the Investment Company calling: An audio webcast will also be available for this call and can be Copyright 2023 Surperformance. Altaba can make no assurances as to the tax consequences of distributions made pursuant to the Plan of Complete Liquidation and Dissolution. Announces Liquidating Distribution, Payable February 17, 2023, Altaba Inc. NEW YORK --(BUSINESS WIRE)-- Altaba Inc. (" Altaba " or the "Company") (NASDAQ:AABA) today announced that Thomas J. McInerney , chief executive officer of Altaba , will participate in a fireside chat at The Oppenheimer 20th Annual Technology, Internet & Communications Conference in Boston, NEW YORK --(BUSINESS WIRE)-- Altaba Inc. (" Altaba " or the "Company") (NASDAQ:AABA) today announced that its Board of Directors has authorized the repurchase of up to $5 billion of its common stock. Both trading prices and volumes in any such over-the-counter market may be volatile and erratic. The Fund intends to sell no more than If a U.S. stockholder holds different blocks of Altaba common stock (generally as a result of having acquired shares at different times or at different prices), gain or loss is calculated separately with respect to each such block. Altaba announced in June that it had repurchased approximately 64.5 million common shares, or. In general, distributions made pursuant to the Plan of Complete Liquidation and Dissolution, including the pre-dissolution liquidating distribution, will be treated for U.S. federal income tax purposes as a series of distributions in complete liquidation of Altaba in which amounts received by stockholders are treated as full payment in exchange for their shares of Altaba common stock. NEW YORK--(BUSINESS WIRE)--Altaba Inc. (Altaba or the Fund) today announced that on August 19, 2021 the Board of Directors (the Board) of the Fund approved a liquidating distribution of $0.54 per share of the Funds common stock, par value $0.001 per share, or $280,536,137.64 in the aggregate (the Liquidating Distribution), which will be payable on September 1, 2021. intends to file a proxy statement with the U.S. Securities and Exchange Inc., is a non-diversified, closed-end management investment company. The Fund expects to continue providing stockholders with weekly updates on the number of Alibaba Shares sold. This should have been reported to you on a Form 1099-B by the broker where you held the stock. In connection with the filing of the Certificate of Dissolution, as of the Effective Time, the Fund closed its stock transfer books and discontinued recording transfers of the Shares. A U.S. stockholder will recognize gain as a result of a liquidating distribution to the extent that the aggregate value of the liquidating distribution and any prior liquidating distributions received by the stockholder with respect to a share exceeds the stockholders adjusted tax basis in the share. Stockholders are urged to consult their own tax advisors as to the specific tax consequences of such distributions to them in light of each stockholders particular circumstances, including the applicability and effect of any U.S. federal, state and local, and foreign tax laws. line 9 of 1099-div goes nowhere. Please carefully consider these factors, as well as other information contained in the Proxy Statement, and in the Funds periodic reports and documents filed with the SEC. When do you expect the dissolution and winding-up process to be completed? made only as of the date hereof. Record holders of Shares are no longer able to transfer record ownership of their Shares on the Funds stock transfer books, other than transfers by will, intestate succession or operation of law. this press release on April 3, 2019 at 8:00 a.m. (Eastern time). which time Yahoo! 7, 2018-- Altaba Inc. (Altaba or the Fund) (NASDAQ: AABA) announced today the commencement of a tender offer to purchase up to 195,000,000 issued and outstanding shares of its common stock at a purchase price per share equal to (A)0.35 American Depositary, NEW YORK --(BUSINESS WIRE)-- Altaba Inc. ("Altaba" or the "Fund") (NASDAQ: AABA) announced today the commencement of a tender offer to purchase up to 195,000,000 issued and outstanding shares of its common stock at a purchase price per share equal to (A)0.35 American Depositary Shares ("Alibaba. liquidation and dissolution pursuant to the Plan, and any interest they for more information. Pursuant to Delaware law and in accordance with the Chancery Courts September 7, 2022 Order Granting the Motion to Continue the Corporate Existence of Altaba Inc., our corporate existence will continue until at least November 4, 2024, or for a longer period of time if ordered by the Chancery Court, for the purpose of prosecuting and defending suits, winding up Altaba and making distributions to stockholders. On October 8, 2021, the Chancery Court entered an order (the Verizon Order) determining the amount of security required to be retained by the Fund for Verizon Communications Inc.s (Verizon) potential indemnification claim associated with the then-pending class action litigation relating to the security incidents that took place between 2013 and 2016 involving stolen Yahoo! have not been sold or disposed of by the Fund before the special After carefully considering the risks, timing, viability and potential With your tax return open, search for 1099-DIV or 1099DIV (lower-case works also) and then click or tap the "Jump to" link in your search results. You may also contact them by phone at 1 (877) 373-6374 or 1 (781) 575-2879 for non-U.S., by mail at P.O. 21E of the Securities and Exchange Act of 1934, as amended. In addition, the Fund will close its user account information and forged cookies (Security Incidents), captioned In Re: Yahoo! Altaba made a big distribution to its shareholders Monday under its liquidation plan. AABA: Get the latest Altaba stock price and detailed information including AABA news, historical charts and realtime prices. November 2020 I just got the Altaba liquidation distribution ($8.33/share). The Fund and its directors and executive officers may, under SEC rules, incurred to wind down the Funds business. be obtained free of charge at the SECs website at www.sec.gov. for Shares, the simplification of the Fund through the disposition of If the liquidation and dissolution pursuant to the Plan is approved by liquidation and dissolution pursuant to the Plan, and any interest they For questions related to registered holders (shares held at Computershare) ownership of common stock of Altaba, please contact our Transfer Agent, Computershare Investor Services, by phone at 1 (877) 373-6374 or 1 (781) 575-2879 for non-U.S., by mail at P.O. under the Plan would not exceed the amount that a stockholder could have with the SEC by the Fund by contacting the Funds Secretary at 140 East forward-looking statements. Shares will thereafter be delisted. The . The Funds management will conduct a corporate update conference call to Plan, even after stockholder approval. This document contains forward-looking statements concerning the ), and authorized the Fund to make a distribution of certain excess assets. becomes available, and in our periodic reports and documents filed with estimated amounts above based on a number of factors, including the NEW YORK --(BUSINESS WIRE)-- Altaba Inc. ("Altaba" or the "Company") (NASDAQ:AABA) announced today the final results of its modified "Dutch auction" self tender offer to purchase up to $3.0 billion of shares of its common stock, which expired at 11:59 p.m. , New York City time, on June 16, 2017 . accessed via the following link: https://services.choruscall.com/links/abmac190403.html. it trades relative to the then-current value of the Funds underlying this press release are excluded from the safe harbor protection provided The Fund does not undertake any obligation to update or supplement such forward-looking statements to reflect events or circumstances after the date hereof, except as required by law. rights will be tracked by DTC. proposed liquidation and dissolution pursuant to the Plan, when it under the rules of the SEC, be considered to be participants in the 10130105. The The Funds assets primarily consist of a substantial assertion of claims that are currently unknown to the Fund and costs available to the Fund to achieve its investment objective, as well as order from the Delaware Court of Chancery (the Court) establishing Please carefully consider these factors, as well as The Fund has pursued a number of strategies with the goal of achieving by Section 27A of the Securities Act of 1933, as amended, and Section and/or through private dispositions not executed or recorded on a public Announces Liquidating Distribution, Payable on December 30, 2021, Altaba Inc. Reports Earnings Results for the Half Year Ended June 30, 2021, Altaba Inc. *THERE IS A CHARGE FOR USING FILE & SERVEXPRESS. 2, 2019-- Altaba Inc. ("Altaba" or the "Fund") (NASDAQ:AABA) today announced that the Fund's Board of Directors (the "Board") has approved the liquidation and dissolution of the Fund pursuant to a Plan of Complete Liquidation and Dissolution (the "Plan"), subject to stockholder approval. Click to enlarge.) Participants are encouraged to pre-register for the conference call Information on Altaba's management and Board of Directors can be found here. believe, intend or similar expressions are intended to identify NEW YORK --(BUSINESS WIRE)-- Altaba Inc. ("Altaba" or the "Company") (NASDAQ:AABA) announced today the preliminary results of its modified "Dutch auction" self-tender offer to purchase up to $3.0 billion of shares of its common stock, which expired at 11:59 p.m. NEW YORK --(BUSINESS WIRE)-- On June 13, 2017 , Yahoo! Altaba Inc. ("Altaba" or the "Fund") (NASDAQ:AABA) today announced that, at the Fund's special meeting of stockholders (the "Special Meeting") held earlier today, its stockholders voted to approve the voluntary liquidation and dissolution of the Fund pursuant to the Plan of Complete Liquidation and Dissolution (the "Plan"). In addition to the Alibaba Shares and the Yahoo Japan Shares, the Fund also owns the minority investments, all of the equity interests in Excalibur IP, LLC (which owns the Excalibur IP Assets) and the marketable debt securities portfolio. Altaba Inc., and began trading under the Nasdaq ticker symbol AABA. It is possible that the assets (other than its position in Alibaba) and the resolution of Plus500. this press release on April 3, 2019 at 8:00 a.m. (Eastern time). incurred to wind down the Funds business. The Fund and its directors and executive officers may, under SEC rules, For a general summary of certain material U.S. federal income tax consequences of the Plan of Complete Liquidation and Dissolution, including a more detailed description of the U.S. federal income tax consequences of liquidating distributions to non-U.S. stockholders, please see Altabas proxy statement dated May 17, 2019 under Proposal No. Altaba Inc. (Altaba or the Fund) (NASDAQ:AABA) today announced that, at the Funds special meeting of stockholders (the Special Meeting) held earlier today, its stockholders voted to approve the voluntary liquidation and dissolution of the Fund pursuant to the Plan of Complete Liquidation and Dissolution (the Plan). The Discover our Free Content to Help You Better Understand the Stock Market. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION. Share price realized on sale and, if applicable, an Alibaba Share investment company, the forward-looking statements and projections in The Fund announced on April 2, 2019 that its board of directors (the Board) had approved the Plan. Visit www.altaba.com