Internet Trailblazers Yahoo and AOL Sold Again for $5B

(AP) –

The Yahoo logo is displayed outside of offices in Santa Clara, Calif. (AP Photo/Paul Sakuma, File)

AOL and Yahoo are being sold again, this time to a private equity firm.

Verizon will sell Verizon Media, which consists of the pioneering tech platforms, to Apollo Global Management in a $5 billion deal.

Verizon said Monday that it will keep a 10% stake in the new company, which will be called Yahoo.

Yahoo at the end of the…


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