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Verizon sells Yahoo, AOL for $5 billion: What’s next for them?

Verizon has sold AOL and Yahoo.

This time though, a private equity firm is going to take ownership of the two former web leaders.

The companies came to rise through the boom of the internet in the late-90s and early-00s.

Verizon says it will maintain a 10% stake in the new company, which will simply be called Yahoo.

Apollo Global Management will take over as part of the $5 billion deal.




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