Author: Robin Langford
Yahoo! sold again: Verizon offloads media assets including AOL, Engadget and TechCrunch
Verizon announced that it is spinning off the properties, which it acquired in separate transactions in 2015 and 2017, to the private equity firm Apollo in a deal valued at $5bn. In buying AOL and Yahoo, Verizon was hoping to partake in some of the big advertising dollars that large tech companies such as Facebook … [Read more…]