Yahoo and AOL, formerly known as Verizon Media, have officially been acquired by their new owners, Apollo Global Management, and renamed “Yahoo.”
Verizon announced it was selling the properties to Apollo Global Management in May in a deal said to be worth $5 billion, around half of the nearly $9 billion the telecom giant initially paid for them and a fraction of the hundreds of billions the two companies were worth at their peaks. See the original posting from The Verge here.
Who Owns Yahoo
That is a good question. Watch what happens when you attempt to submit a URL or website to YAHOO! It would seem that VERIZON’s only interest was YAHOO! Users. Everything else that was part of YAHOO! It was tossed in the bargain bin.
Please also read GETTING BACKLINKS FOR SEO
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