Verizon’s Selling Off AOL and Yahoo for $5 Billion | Gizmodo

05eead8571f1c49474fdc34d21a8ec03 Verizon's Selling Off AOL and Yahoo for $5 Billion | Gizmodo

Verizon’s officially selling off its media assets to the private equity firm Apollo Global for $5 billion, the company announced on Monday. Alongside that bundle of cash, Verizon will also be keeping a 10% stake in the company, which will simply be renamed—no joke—Yahoo.

Read more…

Leave a Reply