• ‘AOL and Yahoo still exist?' Private-equity firm Apollo agrees to buy two relics of early internet days for $5 billion

    9 days ago - By RT

    Apollo Global Management, the private-equity firm co-founded by disgraced Wall Street tycoon Leon Black, agreed to buy two of the top has-been names from the early days of consumer internet firms - Yahoo and AOL - for $5 billion.
    The deal to buy Verizon's media unit, including Yahoo and AOL, was quickly met with mockery after it was announced on Monday. “This is interesting news,” podcast host Mark Eastman said. “Also, they are offloading pet rocks and a disco ball manufacturer.”
    This is interesting news. Also, they are offloading pet rocks and a disco ball manufacturer - areyouscreening...
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  • Verizon acquired AOL and Yahoo for about $9 billion. Now it's selling those assets as part of a $5 billion deal

    Verizon acquired AOL and Yahoo for about $9 billion. Now it's selling those assets as part of a $5 billion deal

    9 days ago - By Fortune

    And it's done: Apollo snaps up Verizon's media assets
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