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Yahoo sold to Apollo Global Management

Broadband TV News | May 4, 2021, 8:22 a.m.

5G Telecoms

Yahoo and AOL have another new owner after a private equity firm paid Verizon Media $5 billion for the assets. Apollo Global Management is paying the telecoms group $4.25 billion in cash with Verizon retaining a 10 per cent take. Apollo said Verizon Media would be able “aggressively pursue growth areas and stands to benefit […]

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