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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...
- Ingrid Lunden
Ingrid is a writer and editor for TechCrunch, joining...
- Memo
But don’t cry for Verizon just yet: the company employs...
- 2015 for $4.4 Billion
Digital Media Services is Verizon’s advertising business....
- Ingrid Lunden
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 2, 2021 · Yahoo and AOL, formerly known as Verizon Media Group, have officially been acquired by their new owners and renamed as simply “Yahoo.” Verizon announced it was selling the properties to...
- Jon Porter
May 3, 2021 · 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.
May 3, 2021 · 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.
May 3, 2021 · 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...
May 3, 2021 · Verizon will sell its media group to private equity firm Apollo Global Management for $5 billion, the companies announced Monday. The sale allows Verizon to offload properties from the former...