The New Paper

May 3, 2021

Verizon sells Verizon Media to Apollo

Verizon agreed to sell its Verizon Media unit to private equity firm Apollo for $5B. The business unit includes a wide range of media assets that Verizon has acquired over the last decade, including Yahoo and AOL.
This story is from the May 3, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.