With Verizon's long-anticipated sale of its media business now finally in progress — by way of a deal, announced earlier today, with private equity firm Apollo paying $5 billion for Yahoo, AOL, and

AOL, Yahoo Offloaded by Verizon for $5 Billion

10:04am, Monday, 03'rd May 2021
This effectively takes Verizon out of the media business.
Verizon is exiting the media business, announcing Monday that it's selling the unit for $5 billion to private equity firm Apollo Global Management.
Verizon Communications Inc. (NYSE: VZ) said on Monday it will sell its media unit, including AOL and Yahoo, to Apollo Global Management (NYSE: APO) for £3.61 billion. The private equity company will
Verizon Communications Inc. confirmed Monday that it plans to sell its media business to Apollo Funds in a $5 billion deal.
Private equity firm Apollo Global Management has acquired Verizon's media group for $5 billion, the two companies announced Monday.
The media company is selling two of its media properties for $5 billion.
Verizon said Monday 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 company, which will be known
Apollo Global Management Inc has agreed to buy the media assets of Verizon Communications Inc for $5 billion, the U.S wireless carrier said on Monday.
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 $5 billion. The
The sale indicates Verizon will focus on its internet-provider businesses as rivals continue to explore media.
Apollo Global Management Inc is close to buying the media assets of Verizon Communications Inc in a deal that could be valued close to $5 billion, a source familiar with the matter told Reuters.
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NEW YORK, April 29, 2021 /PRNewswire/ -- 25madison, a leading venture studio and incubator, today announced that it has closed on its latest funding round. Apollo Global Management, Inc. (NYSE: APO),
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