Nick Test

Apollo’s Yahoo Playbook, 5 Years After the $5B Deal

Nick Test

Apollo bought Yahoo and AOL from Verizon in 2021 for about $5B, nearly half the $9B Verizon spent assembling them. 5 years later, Yahoo has returned Apollo’s capital in one of the fastest returning deals in the firm’s history.

Published
Published Oct 19, 2026
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Uploaded Oct 19, 2026
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