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1. www.yahooinc.com › press › verizon-media-be-acquiredVerizon Media to be acquired by Apollo Funds | Yahoo Inc.

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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.

2. finance.yahoo.com › news › apollo-funds-completeApollo Funds Complete Acquisition of Yahoo - Yahoo Finance

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   Sep 1, 2021 · Verizon has retained a 10% stake in Yahoo. “We look forward to partnering with Yahoo's talented employee base to build on the company's strong momentum and position the new Yahoo for long-term...

3. finance.yahoo.com › news › verizon-media-acquiredVerizon Media to be Acquired by Apollo Funds - Yahoo Finance

   finance.yahoo.com › news › verizon-media-acquired

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   May 3, 2021 · 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. NEW YORK, May 03, 2021 (GLOBE...

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5. finance.yahoo.com › news › apollo-acquire-verizonsVerizon to offload Yahoo, AOL for $5 billion - Yahoo Finance

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   May 3, 2021 · (Reuters) -Verizon Communications Inc is getting rid of its media businesses that include iconic brands Yahoo and AOL for $5 billion, ending an expensive and unsuccessful run in the media and...

6. www.apollo.com › insights-news › pressreleasesVerizon Media to be Acquired by Apollo Funds

   www.apollo.com › insights-news › pressreleases

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   May 3, 2021 · Verizon Media reported strong, diversified year-over-year revenue growth the past two quarters, driven by innovative ad offerings, consumer ecommerce, subscriptions, betting and strategic partnerships. Yahoo, one of the best recognized digital media brands in the world and the fourth most visited internet property globally, continues to evolve ...

7. www.apollo.com › insights-news › pressreleasesApollo Funds Complete Acquisition of Yahoo

   www.apollo.com › insights-news › pressreleases

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   Sep 1, 2021 · Verizon has retained a 10% stake in Yahoo. “We look forward to partnering with Yahoo's talented employee base to build on the company's strong momentum and position the new Yahoo for long-term success as a standalone consumer internet and digital media leader,” said Reed Rayman, Partner at Apollo.

8. People also ask

   Does Verizon own Yahoo?

   • Verizon has retained a 10% stake in Yahoo. “We look forward to partnering with Yahoo's talented employee base to build on the company's strong momentum and position the new Yahoo for long-term success as a standalone consumer internet and digital media leader,” said Reed Rayman, Partner at Apollo.

   Apollo Funds Complete Acquisition of Yahoo - Yahoo Finance

   finance.yahoo.com/news/apollo-funds-complete-acquisition-yahoo-151500763.html

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   Who owns Verizon Media?

   • NEW YORK, May 03, 2021 (GLOBE NEWSWIRE) -- 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.apollo.com/insights-news/pressreleases/2021/05/verizon-media-to-be-acquired-by-apollo-funds-130247212

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   What is Verizon Media?

   • About Verizon Media Verizon Media, a division of Verizon Communications, Inc., houses a trusted media ecosystem of premium brands like Yahoo, TechCrunch and Engadget to help people stay informed and entertained, communicate and transact, while creating new ways for advertisers and media partners to connect.

   Verizon Media to be Acquired by Apollo Funds

   www.apollo.com/insights-news/pressreleases/2021/05/verizon-media-to-be-acquired-by-apollo-funds-130247212

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   How much money will Verizon receive from Verizon Media?

   • 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.

   Verizon Media to be Acquired by Apollo Funds

   www.apollo.com/insights-news/pressreleases/2021/05/verizon-media-to-be-acquired-by-apollo-funds-130247212

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9. www.yahoo.com › entertainment › verizon-media-aheadVerizon Media, Ahead of Spin-Off, Sees Q2 Revenue ... - Yahoo

   www.yahoo.com › entertainment › verizon-media-ahead

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   Jul 21, 2021 · July 21, 2021 · 3 min read. Verizon Media is getting ready to fly out of the Verizon nest as a private company — and CEO Guru Gowrappan says the digital-media group that encompasses Yahoo and...