#Private equity firm Apollo acquires Verizon media group for $5B
“#Private equity firm Apollo acquires Verizon media group for $5B” Private equity firm Apollo Global Management has acquired Verizon’s media group for $5 billion, the two companies announced Monday. Verizon Media, which includes properties from the former internet empires of AOL and Yahoo, will be rebranded as “Yahoo,” the announcement said. Verizon said it will…