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  1. Home
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  3. Verizon sells internet trailblazers Yahoo and AOL for $5B
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business

Verizon sells internet trailblazers Yahoo and AOL for $5B

apnews.com/articl...

submitted about 5 years ago by ron1994

Verizon sells internet trailblazers Yahoo and AOL for $5B

submitted about 5 years ago by ron1994

Verizon sells internet trailblazers Yahoo and AOL for $5B
  • A private equity firm, Apollo Global Management, is buying Verizon Media, which includes AOL and Yahoo, for $5 billion.
  • Verizon will keep a 10% stake in the new company, which will be called Yahoo, as it refocuses on its wireless business and 5G technology.
Read more on apnews.com
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