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1. • • 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.
     www.verizon.com › about › news

     News about Verizon Media Group | Featured News Story | Verizon

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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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   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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   Does Verizon still own Yahoo?

   • Verizon will retain a 10% stake in the company, which will be known as Yahoo at close of the transaction and continue to be led by CEO Guru Gowrappan. One of the world’s premier global technology and media companies, Verizon Media is comprised of iconic brands such as Yahoo and AOL, as well as leading ad tech and media platform businesses.

   Verizon Media to be acquired by Apollo Funds

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

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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 | Nasdaq

   www.nasdaq.com/press-release/verizon-media-to-be-acquired-by-apollo-funds-2021-05-03

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3. www.verizon.com › news-about-verizon-media-groupNews about Verizon Media Group | Featured News Story | Verizon

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

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   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.

4. variety.com › 2021 › digitalVerizon Media Q2: Revenue Bounces Back Over Pre ... - Variety

   variety.com › 2021 › digital

   Jul 21, 2021 · 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 AOL businesses has...

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6. finance.yahoo.com › news › verizon-media-ahead-spinVerizon Media, Ahead of Spin-Off, Sees Q2 Revenue Bounce Back ...

   finance.yahoo.com › news › verizon-media-ahead-spin

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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...

   • Author: Todd Spangler

   • Video Duration: 7 min

7. www.businessinsider.com › what-went-wrong-atWhy Verizon's Media Ambitions Failed and Its Sale to Apollo

   www.businessinsider.com › what-went-wrong-at

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   May 5, 2021 · Verizon has pulled back on its once-big media and advertising ambitions. The telecom giant just sold Verizon Media to private-equity firm Apollo Global Management for $5 billion. The deal...

8. www.verizon.com › about › newsVerizon Media to be acquired by Apollo Funds

   www.verizon.com › about › news

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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.

9. www.nasdaq.com › press-release › verizon-media-to-beVerizon Media to be Acquired by Apollo Funds | Nasdaq

   www.nasdaq.com › press-release › verizon-media-to-be

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   May 3, 2021 · May 3, 2021 8:00am EDT. 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.

10. www.adweek.com › programmatic › whats-next-forWhat's Next for Verizon Media After the Sale to Apollo? - Adweek

    www.adweek.com › programmatic › whats-next-for

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    Verizon Media faced advertisers at the IAB NewFronts only a day after its parent company Verizon said it will sell the business to Apollo Global Management for $5 billion. Guru Gowrappan, CEO...