Goodbye! Yahoo to rename itself 'Altaba' after Verizon Deal

It's time to say goodbye to Yahoo!

While Yahoo's core internet business was being sold to Verizon for $4.8 Billion, the remaining portions of the company left behind is renaming itself to Altaba Inc, which marks the sad ending of one of the most familiar brand names on the internet.

In a public filing with the Securities and Exchange Commission (SEC) on Monday, the company announced that

Verizon Set to Buy Yahoo for $5 Billion — Here's Why a Telecom is so Interested!

Finally, Someone has come forward to buy Yahoo! Guess Who?

The telecommunication giant Verizon.

Yes, Verizon Communications Inc. is reportedly closing in on a deal to acquire Yahoo’s core business for about $5 Billion, according to a report from Bloomberg.

Since the agreement between the companies has not been finalized, it is unclear at this moment that which Yahoo's assets