Verizon selling Yahoo and AOL to Apollo in €4.1bn deal

AOL and Yahoo are being sold again, this time to a private equity firm
Verizon selling Yahoo and AOL to Apollo in €4.1bn deal

Verizon said it will keep a 10% stake in the new company, which will be called Yahoo (Yahoo/PA)

AOL and Yahoo are being sold again, this time to a private equity firm.

Verizon will sell Verizon Media, which consists of the pioneering tech platforms, to Apollo Global Management, in a $5bn (€4.1bn) deal.

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