- Verizon Communications is considering selling it’s media assets, according to the Wall Street Journal.
- The sale, if it happens, would include Yahoo and AOL.
- Private-equity firm Apollo Global Management Inc. is said to be involved, the sources told The Journal.
- See more stories on Insider’s business page.
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.
