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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. The deal valued Verizon Media at approximately $4.25 billion, slightly less than the combined $8.9 billion that Verizon had paid for AOL and Yahoo just a few years earlier.
www.marketingscoop.com/consumer/who-owns-verizon-media/The Evolution of Verizon Media: From Telecom Giant to Apollo ...
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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.
Apr 21, 2024 · 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. The deal valued Verizon Media at approximately $4.25 billion, slightly less than the combined $8.9 billion that Verizon had paid for AOL and Yahoo just a few years earlier.
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)...
May 3, 2021 · Private equity firm Apollo Global Management has acquired Verizon’s media group for $5 billion, the two companies announced Monday.
- Will Feuer
- 2 min
Sep 2, 2021 · Yahoo has changed hands yet again in an increasingly confusing game of corporate pass the parcel, with private equity firm Apollo Global Management the latest proud owners.
May 3, 2021 · Oath rebranded again as Verizon Media Group in November 2018 and was run by Guru Gowrappan. Gowrappan will continue to lead Yahoo under Apollo. With the sale of Yahoo and AOL, Verizon...
