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why-verizon-sold-aol-and-yahoo-for-about-1-of-their-peak-valuation

Why Verizon sold AOL and Yahoo for about 1% of their peak valuation

The upcoming sale of Yahoo and AOL to a private equity firm for $5 billion represents a massive media markdown. By the numbers: At their dotcom bubble peaks, Yahoo and AOL were valued at more than $125 billion and $200 billion, respectively, or $193 billion and $318 billion in 2021 dollars.
Read more on: newsbreak.com