Press Release: Altaba : Altaba Announces Liquidating Distribution of $1.43 Per Share

NEW YORK--(BUSINESS WIRE)--Altaba Inc. ("Altaba" or the "Fund") today announced that on Wednesday, July 20, 2022, after the close of business, the Board approved a liquidating distribution of $1.43 per share of the Fund's common stock, par value $0.001 per share, or $742,901,253 in the aggregate (the "Liquidating Distribution"), which will be payable on July 29, 2022. As previously announced, at a special meeting of stockholders held on June 27, 2019, stockholders of the Fund approved a Plan of