$YHOO (Yahoo! Inc.)

$YHOO {{ '2016-02-02T23:02:31+0000' | timeago}} • Webcast

$YHOO CEO Marissa Mayer said the company has begun to explore divesting non-strategic assets of value such as the responsible monetization of non-strategic patents, the sale of valuable real estate, and other non-core, non-strategic assets. The company estimates that these efforts could generate cash in excess of $1Bil in 2016.

$YHOO {{ '2017-06-19T10:54:34+0000' | timeago}} • Announcement

$YHOO commenced a modified "Dutch auction" self-tender offer to purchase for cash up to $3Bil of shares of its common stock. This will expire on June 13, 2017. The purpose is to provide liquidity to potentially significant stockholders that will be forced to sell shares at or prior to closing of pending sale of $YHOO's operating business to $VZ.

$YHOO {{ '2017-06-13T14:35:50+0000' | timeago}} • Announcement

$YHOO completed sale of its operating business to $VZ. The company's common stock will continue to trade on the NASDAQ Global Select Market under $YHOO ticker through June 16, 2017. Beginning on June 19, 2017, shares of common stock of Altaba Inc. will begin trading under the ticker symbol "AABA".

$YHOO {{ '2017-06-13T14:34:55+0000' | timeago}} • Announcement

$YHOO completed sale of its operating business to $VZ. Upon the closing, Thomas McInerney became its CEO, Alexi Wellman became its Chief Financial and Accounting Officer, and DeAnn Fairfield Work became its Chief Compliance Officer. Arthur Chong continues to serve as its General Counsel and Secretary.

$YHOO {{ '2017-06-13T14:32:12+0000' | timeago}} • Announcement

$YHOO completed the sale of its operating business to $VZ for $4.476Bil. As previously announced, on June 16, 2017, the company will change its name to "Altaba Inc." Upon the closing of the sale, each of David Filo, Eddy Hartenstein, Richard Hill, Marissa Mayer, Jane Shaw, Jeffrey Smith and Maynard Webb Jr. resigned from its BoD.

$VZ {{ '2017-06-13T14:25:38+0000' | timeago}} • Announcement

$VZ completed its acquisition of the operating business of $YHOO. Tim Armstrong, former CEO of AOL, is now CEO of Oath, which is part of $VZ's Media and Telematics organization. Given the inherent changes to Marissa Mayer's role with $YHOO resulting from the closing of the transaction, Mayer has chosen to resign from $YHOO.

$VZ {{ '2017-06-13T14:25:09+0000' | timeago}} • Announcement

$VZ completed its acquisition of the operating business of $YHOO. $VZ has combined these assets with its existing AOL business to create a new subsidiary, Oath. The Oath portfolio includes HuffPost, Yahoo Sports, AOL.com, MAKERS, Tumblr, BUILD Studios, Yahoo Finance, Yahoo Mail and more, with a mission to build brands people love.

$YHOO {{ '2017-06-08T17:13:35+0000' | timeago}} • Announcement

$YHOO has extended until June 16, 2017, the previously announced modified Dutch auction self-tender offer to purchase for cash up to $3Bil of its common shares, unless the offer is further extended or withdrawn. The tender offer was previously scheduled to expire on June 13, 2017.

$YHOO {{ '2017-06-08T17:06:37+0000' | timeago}} • Announcement

$YHOO said its stockholders at a special meeting approved the proposed sale of the company's operating business to $VZ. The shareholders also voted to approve the advisory vote on the compensation payable to Yahoo’s executive officers in connection with the completion of the sale transaction, which is expected to on June 13, 2017.

$YHOO {{ '2017-05-16T11:23:29+0000' | timeago}} • Announcement

$YHOO commenced a modified "Dutch auction" self-tender offer to purchase for cash up to $3Bil of shares of its common stock at price equal to (A) the "Alibaba VWAP" multiplied by (B) multiples specified by tendering stockholders not greater than 0.420 nor less than 0.370, provided that in no event will the purchase price be less than $37 per share.

$TIME {{ '2017-05-10T13:24:27+0000' | timeago}} • Announcement

$TIME BoD elected John Fahey, current Lead Independent Director, to the position of Non-Executive Chairman, effective June 29, 2017. The company also announced that Dan Rosensweig, President & CEO of online learning platform Chegg, Inc. and former COO at $YHOO, has been nominated to the Board.

$YHOO {{ '2017-04-18T21:39:15+0000' | timeago}} • Infographic

$YHOO Yahoo! Inc. Earnings AlphaGraphics: Q1 2017 Highlights

$YHOO {{ '2017-04-18T20:40:21+0000' | timeago}} • Announcement

$YHOO's search revenue was $745MM for 1Q17, compared to $492MM in the year-over quarter. Display revenue was down 2% to $456MM.

$YHOO {{ '2017-04-18T20:37:48+0000' | timeago}} • Announcement

$YHOO continues to work with $VZ on integration planning for the sale of its operating business. The transaction is expected to close in June 2017.

$YHOO {{ '2017-04-18T20:34:14+0000' | timeago}} • Announcement

$YHOO's mobile revenue rose to $412MM in 1Q17 from $260MM a year go, while desktop revenue was up 10% to $859MM. Meanwhile, non-traffic driven revenue edged up 5% to $56MM.

$YHOO {{ '2017-04-18T20:30:00+0000' | timeago}} • Announcement

$YHOO swung to a profit of $99MM in 1Q17 from a loss of $99MM a year ago, thanks to a 22% jump in its revenue, which stood at $1.32Bil. Revenue rose in both traffic-driven and non-traffic driven segments during the quarter. EPS was 10 cents, compared to a loss per share of 10 cents in 1Q16.  Excluding items, earnings rose to 18 cents per share.

$VZ {{ '2017-01-24T15:01:02+0000' | timeago}} • Webcast

$VZ said that total revenue for 2017 would include the revenue of AOL, XO Communications, and possibly $YHOO if the transaction is closed. The company said IoT business will also see growth due to the Fleetmatics and Telogis acquisitions.

$VZ {{ '2017-01-24T13:06:57+0000' | timeago}} • Announcement

$VZ expects its acquisition of XO Communications to close in 1Q17 and its sale of data centers to $EQIX to close in 2Q17. Regarding the $YHOO acquisition, $VZ continues to work with $YHOO to assess the impact of data breaches.

$YHOO {{ '2017-01-23T21:55:08+0000' | timeago}} • Announcement

As of Dec. 31, 2016, $YHOO had cash, cash equivalents, and marketable securities of $7.9Bil. On the pending transaction with $VZ, $YHOO said that due to work required to meet closing conditions, the transaction is now expected to close in Q2 of 2017. The company said it is working expeditiously to close the transaction as soon as practicable in Q2.

$YHOO {{ '2017-01-23T21:53:07+0000' | timeago}} • Infographic

$YHOO Yahoo! Inc. Earnings AlphaGraphics: Q4 and FY16 Highlights

$YHOO {{ '2017-01-23T21:49:16+0000' | timeago}} • Announcement

In 4Q16, $YHOO posted Mavens revenue of $590MM, up 25% YoverY. Non-Mavens revenue grew 10% to $824MM. Search revenue grew 45% to $767MM, while display revenue fell 5% to $573MM.

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