Yahoo Web Search

Sign In

Search results

      • Verizon Communications Inc. confirmed Monday that it plans to sell its media business to Apollo Funds in a $5 billion deal. The telecommunications company will maintain a 10% stake in the company, which will be known as Yahoo following the deal close.
      www.marketwatch.com › story › verizon-confirms-5-billion-sale-of-its-media-business-to-apollo-11620046384

      Verizon confirms $5 billion sale of its media business to Apollo

  2. People also ask

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

    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.

  4. finance.yahoo.com › news › verizon-media-sale-yahooVerizon is selling its media business for $5 billion

    May 3, 2021 · · Executive Editor. Mon, May 3, 2021 2 min read. In this article: VZ. APO. Well, this is awkward. Verizon has agreed a deal to sell its "Verizon Media" unit — including Engadget — to the...

    • Aaron Souppouris

  5. www.washingtonpost.com › verizon-yahoo-aol-apolloVerizon to sell Yahoo, AOL to Apollo Global Management - The ...

    May 3, 2021 · Verizon will sell its media arm to Apollo Global Management, a private equity group, but retain a 10 percent stake in the company, which will be renamed Yahoo once the deal closes...

    • Hannah Denham

  6. finance.yahoo.com › news › apollo-completes-5bApollo completes its $5B acquisition of Verizon Media, now ...

    Sep 1, 2021 · Updated Wed, Sep 1, 2021, 11:58 AM 3 min read. APO. Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as...

  7. techcrunch.com › 2021/05/03 › private-equity-firm-apolloPrivate equity firm Apollo to buy Verizon Media assets for ...

    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...

  8. finance.yahoo.com › news › verizon-sell-mediaVerizon To Sell Media Business To Apollo Management For $5B ...

    May 4, 2021 · May 4, 2021 · 2 min read. Verizon ( VZ) will sell Verizon Media, the company’s ad technology and media platform business, to funds managed by affiliates of Apollo Global Management ( APO) for...

  9. thedesk.net › news › verizon-apollo-global-saleVerizon sells media assets to investment firm for $5 billion

    May 3, 2021 · The deal brings the digital content products under common ownership with Cox Media Group, Chuck E. Cheese’s, Claire’s and Smart & Final. The arrangement was hardly a surprise: Last week, the Wall Street Journal first revealed discussions between Verizon and Apollo Global Management , with rival tech publication Bloomberg noting that an ...