USA TODAY International Edition
MAYER, OTHERS TO RESIGN FROM YAHOO BOARD
Yahoo CEO Marissa Mayer, co- founder David Filo and others plan to resign from the company’s board when it completes its $ 4.8 billion sale to Verizon. In a Securities and Exchange Commission filing Monday, Yahoo said the resignations are “not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.” The filing also said the company would be renamed Altaba and have five new board members when the Verizon deal closes.