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      • Verizon Communications Inc said on Monday it has agreed to sell its media unit, that includes Yahoo and AOL, to Apollo Global Management Inc for US$5 billion, as it looks to offload its digital media business.
      financialpost.com › technology › apollo-to-acquire-verizons-media-assets-for-5-bln-2

      Verizon sells Yahoo and AOL in $5-billion deal for media unit

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

    May 3, 2021 · 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.

  4. www.ft.com › content › ef0992ec-1d4f-4030-95a9-d950eApollo buys Verizon media assets including Yahoo for $5bn

    May 3, 2021 · US private equity group Apollo Global Management has agreed to acquire Yahoo and the other media assets of Verizon Communications for $5bn, as the telecoms group shifts its focus to its...

  5. finance.yahoo.com › news › verizon-media-acquiredVerizon Media to be Acquired by Apollo Funds - Yahoo Finance

    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...

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

    May 3, 2021 · Verizon has agreed a deal to sell its "Verizon Media" unit — including Engadget — to the investment firm Apollo Global Management for $5 billion. Verizon will retain a 10-percent stake in...

    • Aaron Souppouris

  7. www.yahoo.com › entertainment › verizon-sells-mediaVerizon Sells Media Assets Led By Yahoo To Apollo Global ...

    May 3, 2021 · Verizon said Monday that it’s clinched a deal to sell its media assets to Apollo Global Management and related entities for $5 billion. Verizon will retain a 10% stake in the...

  8. www.nbcnews.com › business › business-newsVerizon sells Yahoo and AOL businesses to Apollo for $5 billion

    May 3, 2021 · Verizon will sell its media group to private equity firm Apollo Global Management for $5 billion, the two companies announced Monday. The sale allows Verizon to offload properties...

  9. finance.yahoo.com › news › verizon-selling-yahoo-aolVerizon Selling Yahoo and AOL to Apollo Global Management

    May 3, 2021 · On Monday, Verizon Communications Inc. (NYSE:VZ) announced an agreement to sell Verizon Media, including Yahoo and AOL, to Apollo Global Management Inc. (NYSE:APO) for a total sum of...