SiN #37 – $5 Billion

Verizon agreed to sell 90% of its digital media unit, which includes Yahoo and AOL, to Apollo Global Management for $5 billion. That comes as a downer considering the fact that it paid almost $4.5 billion(AOL in 2015 for $4.4 billion & Yahoo for $4.5 billion in 2017) for each of those companies individually!

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Shreesha S
Shreesha writes about Business, Finance and Tech for The Snippets Journal. He is also the Founder and Head of Content Development.
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