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Re:Verizon closes $4.5B acquisition of Yahoo, Marissa Mayer ... by phonon on Tuesday June 13, 2017 @11:58AM (#14545765)
Most of Yahoo!'s value was in their assets, not their operating business. The operating business was sold to Verizon. The assets were spun off as "Altaba".
Re:Verizon closes $4.5B acquisition of Yahoo, Marissa Mayer ... by Infernal on Tuesday June 13, 2017 @12:14PM (#14545886)
Ah, thanks! That makes a lot more sense.