Verizon sells internet trailblazers Yahoo and AOL for $5B
By Victor in Business
Updated 3 years ago
AOL and Yahoo are being sold again, this time to a private equity firm. Wireless company Verizon will sell Verizon Media, which consists of the once-pioneering tech platforms, to Apollo Global Management in a $5 billion deal. Verizon said Monday that it will keep a 10% stake in the new...
