Verizon Exploring Sale Of Its Media Assets Led By Yahoo, AOL – Report
By Flemming in Business
Updated 3 years ago
Verizon is exploring a sale of Yahoo and AOL that would end a rocky era for the telco as a media owner after a spate of disappointing acquisitions. A sale could bring $4 billion to $5 billion and giant investment group Apollo Global Management is said to involved, according to a report in the Wall Street Journal.