The concept of 'bigger is better' has ceased to gain precedence and the era of telecom-media conglomerates seems to be as good as over as companies are gradually evolving into more focused and nimbler
NEW YORK, May 17, 2021 /PRNewswire/ -- Redbox, America's destination for affordable new-release movies and entertainment, announced today that it has entered into a definitive agreement to combine wit
MEXICO CITY & COMMERCE, Calif.--(BUSINESS WIRE)-- #grocery--Grupo Comercial Chedraui subsidiary, Bodega Latina Corporation has agreed to acquire Smart & Final Holdings, Inc. from Apollo Global Managem
Value investors could be interested in the following three stocks, since their share prices are trading below their respective Peter Lynch earnings lines. This suggests they could be undervalued.
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Announces Secondary Offering of 6,000,000 Shares of Common Stock by Selling Stockholders
Apollo is buying the 65% of Athene that it doesn't already own in a multi-billion dollar all-stock deal. Apollo's acquisition of Athene is driving a significant transformation of the company.
May.05 -- James Zelter, Apollo Global Management CIO and co-president, says Apollo still loves the distressed debt business and explains why the company likes SPACs. He speaks with Bloomberg's Erik Sc
CNBC's Leslie Picker discusses Apollo's recent deals, including $5 billion bet on Verizon Media, with David Sambur, co-head of private equity at Apollo.
Apollo Global Management, Inc. (APO) CEO Marc Rowan on Q1 2021 Results - Earnings Call Transcript
Dave Heger, Edward Jones Sr. Equity Analyst joins the Yahoo Finance Live panel to discuss Verizon Media being sold to private equity firm Apollo. Watch the 2021 Berkshire Hathaway Annual Shareholders
Today Verizon (NYSE: VZ) and Apollo Global Management, Inc. (NYSE: APO) announced that funds managed by affiliates of Apollo entered into an agreement to buy Verizon Media for $5 billion. These are th
On Monday, Verizon Communications Inc. ( VZ , Financial) announced an agreement to sell Verizon Media, including Yahoo and AOL, to Apollo Global Management Inc. ( APO , Financial) for a total sum of $
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.
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