Apollo to Acquire Verizon Media (Yahoo and AOL) in $5 Billion Deal

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.

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.

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.

Datavault AI Inc. Completes Acquisition of API Media Innovation Inc (API Media)

January 23, 2026

Data & Analytics

Datavault AI Inc. (NASDAQ:DVLT) has closed its previously announced acquisition of API Media Innovation Inc (API Media), a provider of media infrastructure and event technology solutions. The deal is intended to scale Datavault AI’s proprietary data-monetization ecosystem and strengthen its core platform for enterprise data, advertising, and AI-enabled experiential events.

USA TODAY Co. To Acquire The Detroit News From MediaNews Group

January 29, 2026

Media & Entertainment

USA TODAY Co. has signed a binding letter of intent with MediaNews Group to acquire The Detroit News. The deal is intended as a strategic investment to expand the USA TODAY Network’s local reach in the Detroit metropolitan area, with The Detroit Free Press and The Detroit News continuing to publish separately.

Verizon to Acquire Frontier Communications in $20 Billion All-Cash Deal

September 5, 2024

Telecommunications

Verizon Communications has entered into a definitive agreement to acquire Frontier Communications Parent, Inc. in an all-cash transaction valued at approximately $20 billion ($38.50 per share). The deal is intended to expand Verizon’s fiber footprint and integrate Frontier’s fiber network into Verizon’s Fios platform, with an expected closing in about 18 months subject to approvals.