Yahoo Remnants to Become Altaba; Mayer to Possibly Leave »

Alex Kantrowitz:

Yahoo CEO Marissa Mayer, once tasked with turning the struggling company around, is set to exit the company’s board when its sale to Verizon closes, a company SEC filing said today.

The exit of Mayer, along with Yahoo co-founder David Filo and four other board members, will reduce the size of the company’s board to five members. Upon closing the deal, Yahoo will take on a new name too: Altaba Inc.

Seems fine.