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Altaba Announces Preliminary Results of Tender Offer

NEW YORK--(BUSINESS WIRE)--Altaba Inc. (“Altaba” or the “Company”) (NASDAQ:AABA) announced today the preliminary results of its modified “Dutch auction” self-tender offer to purchase up to $3.0 billion of shares of its common stock, which expired at 11:59 p.m., New York City time, on June 16, 2017.