Before the transaction was completed, the company expected to change its name to Altaba Inc. The acquisition of Yahoo! by Verizon was officially declared on June 13,2017, with Verizon announcing that Yahoo! 's assets would be combined under a new subsidiary,.
Before the transaction was completed, the company expected to change its name to Altaba Inc. Verizon completed its acquisition of Yahoo! Inc's internet business on June 13,2017. Verizon announced that Yahoo!'s assets would be combined under a new subsidiary,.