Altaba Is The New Tronc
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 10 January 2017
⏱️ 23 minutes
🧾️ Download transcript
Summary
After Verizon closes the deal for Yahoo’s core assets, the leftover business will be renamed “Altaba”. Fool Funds analyst Bill Barker discusses Marissa Mayer’s track record as Yahoo’s CEO, signs of life from Chipotle, and how many stocks an individual should own.
Transcript
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| 0:00.0 | Support for market foolery comes from Rocket Mortgage by QuickEN Loans. |
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| 0:14.5 | Com slash fool. |
| 0:15.8 | It's Tuesday January 10th. |
| 0:19.8 | Welcome to Market Foolery. |
| 0:20.7 | I'm Chris Hill. |
| 0:21.8 | Joining me in studio today from Molly Full Funds, Bill Barker. |
| 0:25.0 | Thanks for being here. |
| 0:27.0 | Thanks for having me. |
| 0:28.0 | Are you all packed for your trip? |
| 0:29.0 | No. We'll get to your trip. |
| 0:32.0 | The news vary just keeps on giving. We're kicking off |
| 0:36.0 | earning season this week. It's the slow buildup, but the news fairy just keeps on |
| 0:40.4 | giving and we'll start with Yahoo which is in the news because several longtime directors, including |
| 0:46.6 | CEO Marissa Meyer, will be leaving the board. |
| 0:49.7 | Meyer is expected to remain with Yahoo once it becomes part of Verizon assuming that sale |
| 0:56.0 | actually goes through by late March that's the current timing but it's not |
| 1:01.2 | necessarily a slam dunk that it's going to go through and obviously there are some big parts to this story |
| 1:10.3 | But the one that seems to be capturing most people's attention, certainly my attention, is the new |
| 1:16.5 | name of the resulting company because the core assets of Yahoo are going to become part of Verizon. |
| 1:23.0 | Assumely, Yahoo Finance is going to become Verizon Finance. |
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