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It’s 2021 and Yahoo and AOL are back in the news. Verizon announced Monday that it is selling its media assets to the private equity firm Apollo Global Management for $5 billion, about half what it bought Yahoo and AOL for, in two separate deals, last decade.
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The media assets, currently known as Verizon Media (once called Oath Inc.), include Yahoo, AOL, the tech news sites TechCrunch and Engadget, virtual reality studio RYOT, among others.
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