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Apollo completes its $5B acquisition of Verizon Media, now known as Yahoo

Apollo completes its $5B acquisition of Verizon Media, now known as Yahoo

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Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself formerly known as Oath) from Verizon. The deal is worth $5 billion, with $4.25 billion in cash, plus preferred interests of $750 million.

...read full article on TechCrunch

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