A filing at the US Securities and Exchange Commission (SEC) has Revealed that Yahoo plans to change its name to Altaba following the completion of its buy-out by US telecommunications company Verizon. However, sources said many of its products, including Yahoo Mail, its search engine and fantasy sports apps, will keep the Yahoo brand. Other major changes to the company’s structure include the resignations of CEO Marissa Mayer and founder David Filo, according to the notice posted on the authority’s website.

Yahoo sold its core internet business, which includes its email, websites and apps – formerly known as RemainCo – to Verizon for $4.83bn (£3.97bn) last year. It’s thought the deal will close in the coming weeks, which is why the changes to its structure have been announced.

There’s still some scepticism about whether the acquisition will go ahead following the revelation of two serious data breaches at Yahoo over the last 12 months. However, neither company has revealed whether the hacks will affect the purchase and this latest news would seem to confirm that the deal will go ahead as planned.