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Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in ...
Following several days of negotiation and rumors, Verizon today announced that it has entered an agreement to sell its media assets to private equity firm Apollo Global Management for $5 billion ...
The main article for this category is Apollo Global Management. Category for portfolio companies of the private equity investment firm: Apollo Global Management. [1] ^ Portfolio companies are those companies that are currently or have been previously owned or controlled by the private equity firm or its affiliate funds.
Verizon has agreed a deal to sell its "Verizon Media" unit — including Engadget — to the investment firm Apollo Global Management for $5 billion. Verizon will retain a 10-percent stake in the ...
Inc. (1995–2017) (as Yahoo!) Yahoo! Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications acquired the core assets of its predecessor and merged them with AOL in 2017. [6] [7] The resulting subsidiary entity ...
Image Credits: Getty Images. Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself ...
As Apollo takes the reigns of Yahoo, they will aggressively pursue growth areas to benefit the nearly 900 million monthly active users. On May 3, Verizon shares were trading at $58.05 with a ...
Now, however, it’s going private again after accepting a $4.3 billion offer (or $32 per share) in cash from private equity firm Apollo Global Management. The deal is still subject to regulatory ...