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AABA - Altaba: Still A Better Investment Than Alibaba
Altaba Inc.
The writing is on the wall for Altaba Inc. (AABA), as its board has approved the dissolution and liquidation of the fund's assets by the end of 2019 contingent on shareholder approval. Altaba is almost exclusively made up of Alibaba Group Holding Limited (BABA) shares now along with cash, so it basically tracks Alibaba with a tax discount built into its shares. Altaba shareholders get Alibaba shares at a discount of already being fully taxed; so, in the future, if there is positive tax reform or if Alibaba does a share