To say Yahoo has had a rough go of it recently would be an understatement. While in the midst of an acquisition by Verizon, the company has faced a pair of massive data breaches, exposing the information of over 1 billion customers.
A new regulatory document filed today shows that Verizon’s acquisition of the company is moving closer to completion, while it also reveals that following the acquisition, Yahoo will change its name to Altaba and Marissa Mayer will step down.
