Altaba, the Former Yahoo, Is Making a $3.9 Billion Distribution to Holders
The liquidation of Altaba, the former Yahoo, is still ongoing. The fund said Monday that it would distribute $ 7.48 per share in cash in early August after the Delaware Court of Chancery overseeing the liquidation was given the go-ahead. The $ 3.9 billion payment to Altaba holders follows a cash distribution of $ 8.33 per share in October 2020.
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