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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. Verizon will retain a 10% stake in the company ...
- News about Verizon Media Group | Featured News Story | Verizon
Moments ago we made an important announcement. We’ve entered...
- News about Verizon Media Group | Featured News Story | Verizon
Sep 1, 2021 · Verizon acquired AOL in 2015 for $4.4 billion, followed by buying Yahoo for $4.5 billion two years later, combining the two legacy media properties into a combined group named Oath. At the end of ...
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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.” ... Apollo is a private equity firm that owns assets like ...
- Jon Porter
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-- Verizon and Apollo Global Management, Inc. today announced that funds managed by affiliates of Apollo entered into an agreement to acquire Verizon Media for $5 billion.
May 3, 2021 · Following several days of negotiation and rumors, Verizon today announced that it has entered an agreement to sell its media assets to private equity firm Apollo Global Management for $5 billion ...
May 3, 2021 · Verizon once had great plans to become a dominant player in the online media and ad business. The telephone company bought AOL for $4.4 billion in 2015 and further bolstered its portfolio with its ...
