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Briefing

Verizon Seeks Sale of Media Assets

By
Jessica Toonkel
· · Source: The Wall Street Journal

Verizon is looking for a buyer of its media assets, Yahoo and AOL, and is in talks with a number of firms, including private equity firm Apollog Global Management, according to The Wall Street Journal. The deal could fetch around $4-$5 billion, according to the article. That’s about half of what Verizon paid for the assets when it bought AOL in 2015 and Yahoo in 2017. Verizon selling its media...

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