Verizon Sells Yahoo and AOL for $5 Billion

Verizon Sells Yahoo and AOL for $5 Billion
A logo sits outside the Verizon booth during the GSMA Mobile World Congress in Barcelona, Spain, on Feb. 26, 2019. David Ramos/Getty Images
The Associated Press
Updated:

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

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