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Verizon Media took the decision to shut down Yahoo India's operations due to the changes in rules limiting foreign funding of more than 26% in digital news media outlets.
- Hindustantimes
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...
May 3, 2021 · Verizon has announced that it will sell its media group to Apollo Global Management for $5 billion. This will include digital media properties that were originally under AOL and Yahoo. Post the deal, Verizon will keep a 10 per cent stake in the company, which will be rebranded to just Yahoo.
- Technology, News
May 3, 2021 · Apollo Global Management said it has agreed to buy Verizon Communications' media unit that includes Yahoo and AOL for $5 billion, the US wireless carrier said on Monday.
May 3, 2021 · AOL and Yahoo are being sold again, this time to a private equity firm. Verizon will sell Verizon Media, which consists of the pioneering tech platforms, to Apollo Global Management in a USD 5 billion deal.
- 153
May 3, 2021 · Verizon has agreed a deal to sell its "Verizon Media" unit — including Engadget — to the investment firm Apollo Global Management for $5 billion. Verizon will retain a 10-percent stake in the ...
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May 3, 2021 · AOL and Yahoo are being sold again, this time to a private equity firm Verizon said Monday that it will keep a 10% stake in the new company, which will be called Yahoo.