Verizon to sell Yahoo, AOL for $5bn


Verizon announced on Monday it was selling faded internet stars Yahoo and AOL to a private equity firm for $5 billion, ending the media ambitions of the telecoms giant. READ ALSO: Monogamy is unrealistic, says Chocolate City rapper Blaqbonez The deal with Apollo Global Management also includes the entire Verizon Media unit, including the advertising Read More

Source: Punch Newspaper