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1. www.verizon.com › about › newsVerizon Media to be acquired by Apollo Funds | News Release ...

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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 Releases About Verizon

     News Releases About Verizon. 05/31/2024 |. Networks &...

   • News about Verizon Media Group | Featured News Story | Verizon

     05/03/2021 | Inside Verizon | Our Culture. News about...

2. techcrunch.com › 2021/09/01 › apollo-completes-its-5Apollo completes its $5B acquisition of Verizon Media, now ...

   techcrunch.com › 2021/09/01 › apollo-completes-its-5

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   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...

3. www.apollo.com › wealth › insights-newsVerizon Media to be Acquired by Apollo Funds

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   May 3, 2021 · May 03, 2021. Verizon Media to be Acquired by Apollo Funds. Transaction Expected to Accelerate Growth of the Internet and Digital Media Leader. Verizon to Maintain Minority Stake in the New Company to be Known as Yahoo.

4. techcrunch.com › 2021/05/03 › private-equity-firm-apolloPrivate equity firm Apollo to buy Verizon Media assets for ...

   techcrunch.com › 2021/05/03 › private-equity-firm-apollo

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   May 3, 2021 · Ingrid Lunden. 5:09 AM PDT • May 3, 2021. Comment. Image Credits: PAUL J. RICHARDS / Getty Images. Following several days of negotiation and rumors, Verizon today announced that it has entered an...

5. www.cnn.com › 2021/05/03 › mediaVerizon offloads Yahoo and AOL in $5 billion deal - CNN

   www.cnn.com › 2021/05/03 › media

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   May 3, 2021 · New York CNN Business —. 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 ...

6. People also ask

   Who owns Verizon Media?

   • 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.

   Verizon Media to be acquired by Apollo Funds

   www.verizon.com/about/news/verizon-media-be-acquired-apollo-funds

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   What happened to Verizon Media?

   • V Team, Moments ago we made an important announcement. 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. This is a big step forward for our Media team.

   News about Verizon Media Group | Featured News Story | Verizon

   www.verizon.com/about/news/news-about-verizon-media-group

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   Is Verizon leaving the media business?

   • 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 Verizon bought for a combined $9 billion in recent years.

   Verizon offloads Yahoo and AOL in $5 billion deal - CNN

   www.cnn.com/2021/05/03/media/verizon-yahoo-sold-apollo/index.html

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   Will Verizon sell its media assets to Apollo Global Management?

   • Following several days of and , Verizon that it has entered an agreement to sell its media assets to private equity firm Apollo Global Management for $5 billion. Apollo will be paying Verizon $4.25 billion in cash, along with preferred interests of $750 million, and Verizon will keep 10% of the company.

   Private equity firm Apollo to buy Verizon Media assets for ... - TechCrunch

   techcrunch.com/2021/05/03/private-equity-firm-apollo-agrees-to-buy-verizon-media-assets-for-5-billion/

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