Verizon today announced that it has signed an agreement with Apollo Funds to sell Verizon Media that comprises iconic brands such as Yahoo and AOL, as well as leading ad tech and media platform businesses for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo at the … Continue reading "Verizon to sell Yahoo and AOL to Apollo Funds for $5 billion"
Monday, 3 May 2021
Verizon to sell Yahoo and AOL to Apollo Funds for $5 billion
Verizon today announced that it has signed an agreement with Apollo Funds to sell Verizon Media that comprises iconic brands such as Yahoo and AOL, as well as leading ad tech and media platform businesses for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo at the … Continue reading "Verizon to sell Yahoo and AOL to Apollo Funds for $5 billion"
