Associated with
Joanna O'Connell
Jim Nail
Posted May 3, 2021
•
8 min read
Another One Bites The Dust: Why Verizon's Divestiture Of AOL And Yahoo Is No Surprise
Today, Verizon announced it is selling AOL and Yahoo to private equity group Apollo for a hefty $5 billion, backing off its foray into media and advertising technology (adtech) and retrenching to its core competence as a mobile telco. This news should come as no surprise. When Verizon acquired AOL in 2015 and then Yahoo [...]
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