This is not meant to be a rant, I just didn’t know where else to put it. Here is information from three websites I visited. Thought I’d put this in here for those who may be interested. This is supposed to happen later this year. I don’t know what will happen to AOL.
“Verizon Communications, signaling that it has given up on its media business, said on Monday that it had agreed to sell Yahoo and AOL to the private equity firm Apollo Global Management for $5 billion.”
https://www.nytimes.com/live/2021/05/03/business/stock-market-today
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“AOL and Yahoo are being sold again, this time to a private equity firm.
Wireless company Verizon will sell Verizon Media, which consists of the once-pioneering tech platforms, to Apollo Global Management in a $5 billion deal.
Verizon said Monday that it will keep a 10% stake in the new company, which will be called Yahoo.”
https://www.startribune.com/verizon-sells-internet-trailblazers-yahoo-and-aol-for-5b/600052946/
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“Verizon just sold AOL and Yahoo for $5 billion, and the new company will be known as ‘Yahoo’ going forward.”
https://www.businessinsider.com/verizon-sells-aol-yahoo-to-apollo-global-management-5-billion-2021-5