Verizon sells Yahoo and AOL to private equity firm for $ 5 billion
By Hardik in Business
Updated 3 years ago
AOL and Yahoo will once again be sold to private equity firms. Verizon will sell Verizon Media, a pioneering technology platform, to Apollo Global Management for a $ 5 billion transaction. Verizon announced on Monday that it will hold a 10% stake in a new company called Yahoo. This probably...
