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May 3, 2021 · We’ve entered into an agreement with a leading global investment manager, Apollo, to acquire Verizon Media. While this is a bittersweet moment, Verizon will maintain a minority stake in the new company, which upon deal closing will be called Yahoo.
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May 3, 2021 · NEW YORK May 3, 2021 - Verizon (NYSE: VZ) and Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds managed by affiliates of Apollo (the “Apollo Funds”) entered into an agreement to acquire Verizon Media for $5 billion.
Sep 1, 2021 · Following several days of negotiation and rumors, Verizon today announced that it has entered an agreement to sell its media assets to private equity firm Apollo Global Management for $5...
Jul 21, 2021 · Verizon Media is getting ready to fly out of the Verizon nest as a private company — and CEO Guru Gowrappan says the digital-media group that encompasses Yahoo and AOL businesses has...
- Todd Spangler
- 7 min
May 5, 2021 · Verizon has pulled back on its once-big media and advertising ambitions. The telecom giant just sold Verizon Media to private-equity firm Apollo Global Management for $5 billion. The deal...
Jul 21, 2021 · Verizon Media, set to spin off as a private company, reported Q2 revenue of $2.1 billion, up 50% year over year and up 13% from Q2 2019.
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