Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself formerly known as Oath) from Verizon. The deal is worth $5 billion, with $4.25 billion in cash, plus preferred interests of $750 million. Verizon will be retaining 10% of the newly […]
CenturyLink selling copper network in 20 states instead of installing fiber
Private-equity firm Apollo will take on 1.3 million CenturyLink Internet users.