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What's the deal with Yahoo changing its name to Altaba?

The company formally known as Yahoo is becoming Altaba. But the Yahoo branding you’re familiar with will stick around and become part of Verizon. Let’s unknot this pretzel. SEE ALSO: Marissa Mayer is stepping down from Yahoo’s board of directors — if the Verizon deal goes through News broke late Monday that once Yahoo is officially acquired by Verizon, the company will change its name to Altaba. That works because the company that remains will…

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Source – Mashable:
What's the deal with Yahoo changing its name to Altaba?

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