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- Verizon Communications Inc. agreed to sell its media division to Apollo Global Management Inc. for $5 billion, a move that will jettison once-dominant online brands like AOL and Yahoo.
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May 3, 2021 · Under the terms of the agreement, Verizon will receive $4.25 billion in cash, preferred interests of $750 million and retain a 10% stake in Verizon Media. The transaction includes the assets of Verizon Media, including its brands and businesses.
May 3, 2021 · Verizon Communications Inc. agreed to sell its media division to Apollo Global Management Inc. for $5 billion, a move that will jettison once-dominant online brands like AOL and Yahoo....
- 2 min
May 3, 2021 · Jill Goldsmith. May 3, 2021 · 3 min read. Verizon said Monday that it’s clinched a deal to sell its media assets to Apollo Global Management and related entities for $5 billion....
May 4, 2021 · Verizon Communications Inc. VZ has inked a deal with Apollo Global Management, Inc. APO to sell its media business — Verizon Media — for $5 billion. Verizon will receive $4.25 billion in cash...
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...
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 the...
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...
