#Private equity firm Apollo acquires Verizon media group for B

#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…

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#MoMA replaces Leon Black, calls him ‘outstanding’

#MoMA replaces Leon Black, calls him ‘outstanding’

“#MoMA replaces Leon Black, calls him ‘outstanding’” The Museum of Modern Art on Tuesday praised its outgoing billionaire chair Leon Black, who recently resigned amid controversy over his ties to dead pedophile Jeffrey Epstein. MoMA Director Glenn Lowry in a Tuesday afternoon email to trustees announced the election of Marie-Josée Kravis — the wife of…

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#Robert Kraft resigns from Apollo board amid Epstein controversy

#Robert Kraft resigns from Apollo board amid Epstein controversy

“#Robert Kraft resigns from Apollo board amid Epstein controversy” New England Patriots Owner Robert Kraft has left the board of Apollo Global Management, the private-equity giant that lately has been grappling with controversy over a co-founder’s ties to Jeffrey Epstein. Kraft, who had joined Apollo’s board in 2014, quietly stepped down as a director last…

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