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Apollo Global Management
- In September 2021, Apollo Global Management completed the acquisition of Verizon Media for $5 billion, with Verizon retaining a 10% stake in the new company.
www.marketingscoop.com/consumer/who-owns-verizon-media/The Evolution of Verizon Media: From Telecom Giant to Apollo ...
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Apr 21, 2024 · In September 2021, Apollo Global Management completed the acquisition of Verizon Media for $5 billion, with Verizon retaining a 10% stake in the new company. The deal valued Verizon Media at approximately $4.25 billion, slightly less than the combined $8.9 billion that Verizon had paid for AOL and Yahoo just a few years earlier.
Sep 1, 2021 · Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself formerly known as Oath)...
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.
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.
May 3, 2021 · Under the terms of the agreement, Verizon will receive $4.25 billion in cash, preferred interests of $750 million and retain a 10% stake in Verizon Media. The transaction includes the assets of Verizon Media, including its brands and businesses.
May 3, 2021 · Private equity firm Apollo Global Management has acquired Verizon’s media group for $5 billion, the two companies announced Monday. Verizon Media, which includes properties from the...
Sep 2, 2021 · Yahoo has changed hands yet again in an increasingly confusing game of corporate pass the parcel, with private equity firm Apollo Global Management the latest proud owners. Yahoo retains a ...
