Yahoo Back After Verizon Media Acquisition
socalTECH
MAY 3, 2021
Yahoo--one of the Internet's first companies--is back as a standalone company, after the private equity acquisition of Verizon Media by private equity firm Apollo Funds. According to Verizon and Apollo Global Management, Apollo will pay $5 billion for Verizon Media, which will be renamed Yahoo as a result of the deal.
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