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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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On May 3, 2021, Verizon announced that the Verizon Media would be acquired by Apollo Global Management for roughly $5 billion, and would simply be known as Yahoo following the closure of the deal, with Verizon retaining a minor 10% stake in the new group.
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 · 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)...
Apr 21, 2024 · The Apollo Acquisition: A Closer Look. 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.
May 3, 2021 · Kirkland & Ellis LLP and Freshfields Bruckhaus Deringer LLP are serving as legal counsel to Verizon.
Jun 13, 2017 · Inc. (Nasdaq: YHOO). Verizon has combined these assets with its existing AOL business to create a new subsidiary, Oath, a diverse house of more than 50 media and technology brands that engages more than a billion people around the world.
Sep 1, 2021 · With the close of the transaction, Yahoo will now operate as a standalone company under Apollo Funds. Verizon has retained a 10% stake in Yahoo.
