1st Afrika
Commerce

Verizon is Reportedly Considering a Sale of its Media Assets, including AOL and Yahoo

5G verizon

Verizon Communications is looking into selling its media assets, people familiar with the matter told the Wall Street Journal.

If a sale happens, it would include Yahoo and AOL, the sources exclusively told The Journal.

The sale process could yield a price of around $4 billion or $5 billion, and private-equity firm Apollo Global Management Inc. is said to be involved, The Journal reported.

This is a developing story. Please check back for more updates.

Related posts

Wal-Mart’s South Africa Growth Slowed By Mall Food Fight // Sud-Africaine Croissance Wal-Mart Ralentie Par Une Bataille De Nourriture Mall

Jide Adesina

VIMPELCOM SELLS TELECOM UNITS IN BURUNDI, CENTRAL AFRICAN REPUBLIC // VIMPELCOM VEND UNITÉS TÉLÉCOM AU BURUNDI, RÉPUBLIQUE CENTRAFRICAINE

Jide Adesina

Gold Rush: Ghana Opens New Mines to Increase Production!

Jide Adesina

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More