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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.
- News about Verizon Media Group | Featured News Story | Verizon
We’ve entered into an agreement with a leading global...
- News about Verizon Media Group | Featured News Story | Verizon
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) from...
Sep 2, 2021 · Yahoo and AOL, formerly known as Verizon Media Group, have officially been acquired by their new owners and renamed as simply “Yahoo.” Verizon announced it was selling the properties to...
- Jon Porter
May 3, 2021 · The transaction includes the assets of Verizon Media, including its brands and businesses. The transaction is subject to satisfaction of certain closing conditions and expected to close in the second half of 2021. Goldman Sachs served as lead financial advisor to Verizon in the transaction.
May 20, 2021 · Verizon (NYSE: VZ) and Apollo Global Management, Inc. (NYSE: APO) entered into an agreement announced on May 4, 2021 for Apollo Funds to acquire Verizon Media for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo and continue to be led by CEO Guru Gowrappan.
May 3, 2021 · Verizon is exiting the media business, announcing Monday that it’s selling the unit for $5 billion to private equity firm Apollo Global Management. The sale includes AOL and Yahoo, which...
