Text size Whats left of Yahoo! after a sale of its online businesses to Verizon Communications is a company called Altaba. David Paul Morris/Getty Images Altaba has made two significant distributions to its shareholders under its liquidation plan. Now, the company, formerly Yahoo!, is expected to ask a Delaware court for authority to make another sizable payment at a hearing scheduled for April 20 to 22. Shares of Altabatechnically liquidating escrow receiptshave traded this year around $14.50 in institutional markets. The company recently filed its annual report, disclosing a year-end 2020 net asset value of $15.50 a share It ended 2020 with net assets of just over $8 billion, largely cash and short-term marketable securitie… Read the full article at: https://www.barrons.com/articles/altaba-expected-to-make-another-big-shareholder-payout-under-its-liquidation-plan-51612975321 Category: LiquidationBy Insolvency GuardianFebruary 10, 2021Post navigationPreviousPrevious post:Under Armour posts stronger than expected end of year results, despite pandemic – Baltimore SunNextNext post:Countrywide Debt Relief Review – InvestopediaRelated PostsVictoria is the bankruptcy capital of AustraliaApril 9, 2025Reforming Corporate Insolvency Law for the 21st Century: Shaping the Future of InsolvencyApril 9, 2025Keppel Completes Voluntary Liquidation of Subsidiary – TipRanksApril 8, 2025Reacon Australia and MMW3 Degrees placed into voluntary administrationApril 8, 2025Patients left ‘devastated’ as Canberra fully bulk-billed GP and allied health clinic enters voluntary administrationApril 8, 2025GrowthOps Australia Enters Voluntary AdministrationApril 8, 2025
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