Apollo to Acquire Verizon Media (Yahoo and AOL) in $5 Billion Deal
May 3, 2021
Verizon and Apollo Global Management announced an agreement for funds managed by Apollo to buy Verizon Media for $5 billion. The transaction is expected to close in the second half of 2021, with Verizon retaining a 10% stake and Guru Gowrappan continuing as CEO after close.
- Targets
- Verizon Media
- Sellers
- Verizon
- Industry
- Media & Entertainment
- Location
- United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Arthur J. Gallagher & Co. Acquires Apollo Insurance Solutions Ltd.
August 5, 2026
Insurance
Arthur J. Gallagher & Co. announced the acquisition of Apollo Insurance Solutions Ltd., a Vancouver, British Columbia-based digital insurance broker and managing general agency (MGA) focused on tenant insurance across Canada. The Apollo team will remain in Vancouver, and Gallagher said Apollo’s AI-enabled digital platform will strengthen its capabilities in Canada.
-
Apollo Global Management to Acquire easyJet in £5.7 Billion Recommended Cash Deal
July 12, 2026
Transportation
Apollo Global Management has reached an agreement to acquire easyJet in a recommended cash transaction valuing the airline at approximately £5.7 billion. The deal will be implemented via Eagle Bidco, with easyJet shareholders receiving £7.15 per share, alongside an option for some shareholders to roll into a private parent structure.
-
Apollo Funds to Acquire Tenneco in $7.1 Billion All-Cash Deal
February 23, 2022
Industrial Services
Tenneco entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo for an all-cash enterprise value of approximately $7.1 billion, including debt. The deal values Tenneco at $20.00 per share and is expected to close in the second half of 2022, subject to customary conditions including shareholder and regulatory approvals.
-
CVC and TA Acquire Vista's Stake in Mediaocean
August 31, 2021
Cloud & SaaS
Funds advised by CVC Capital Partners and TA Associates are acquiring the stake in Mediaocean held by Vista Equity Partners, in a transaction expected to close in Q4 2021 subject to regulatory approvals. The investment will support Mediaocean's growth and continued product consolidation of its omnichannel advertising platform, following recent acquisitions including Flashtalking and 4C.
-
Affiliates of Apollo Global Management Acquire Majority Stake in Cox Media Group
December 17, 2019
Media & Entertainment
Affiliates of Apollo Global Management completed the acquisition of a majority interest in Cox Media Group from Cox Enterprises, with Cox retaining a minority stake. The deal transfers ownership of CMG’s television and radio stations, Ohio newspapers, CoxReps and Gamut digital/OTT advertising businesses to the Apollo-backed company, which will continue to operate as Cox Media Group headquartered in Atlanta, Georgia.
-
Verizon Digital Media Services Acquires Volicon
March 16, 2016
Media & Entertainment
Verizon Digital Media Services has entered an agreement to acquire Volicon, a provider of video capture, archival, compliance monitoring and clip-creation workflows for broadcasters. The acquisition expands Verizon Digital Media Services' video lifecycle capabilities and brings Volicon's technology and customer relationships into Verizon's OTT and online video delivery offerings.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.