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Verizon sells Yahoo and AOL businesses to Apollo for $5 billion

05-03-2021 • https://www.cnbc.com by Steve Kovach

Verizon will sell its media group, which includes brands from AOL and Yahoo, to private equity firm Apollo Global Management. The sale signals that Verizon will focus on its internet-provider businesses as rivals continue to explore media

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Verizon sells Yahoo and AOL businesses to Apollo for $5 billion

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