Browsing Tag

AOL

Verizon Sells AOL and Yahoo to Apollo for $5 Billion

Yahoo and AOL, kings of the early Internet, saw their fortunes plummet as Silicon Valley raced forward to create new digital platforms. Google has replaced Yahoo. AOL has been replaced by cable giants.Now they are owned by private equity.…

Verizon Near Deal to Sell Yahoo and AOL

The private equity firm has been on a shopping spree for the past few months, announcing deals to acquire the handicrafts retailer Michaels and the Venetian resort in Las Vegas. The company, Leon Black, announced in late March that he…