Verizon to sell media business, including Yahoo, AOL to Apollo for $5 billion

Verizon to sell media business, including Yahoo, AOL to Apollo for $5 billion

3 years ago
Anonymous $OlGJJXacOb

https://www.reuters.com/article/us-verizon-divestiture-apollo-global/verizon-to-sell-media-business-including-yahoo-aol-to-apollo-for-5-billion-idUSKBN2CK0VK

(Reuters) -Verizon Communications Inc said on Monday it has agreed to sell its media unit, that includes Yahoo and AOL, to Apollo Global Management Inc for $5 billion, as it looks to offload its digital media business.

Verizon to sell media business, including Yahoo, AOL to Apollo for $5 billion

May 3, 2021, 1:48pm UTC
https://www.reuters.com/article/us-verizon-divestiture-apollo-global/verizon-to-sell-media-business-including-yahoo-aol-to-apollo-for-5-billion-idUSKBN2CK0VK >(Reuters) -Verizon Communications Inc said on Monday it has agreed to sell its media unit, that includes Yahoo and AOL, to Apollo Global Management Inc for $5 billion, as it looks to offload its digital media business.