Verizon is out of the media business, selling Yahoo and AOL to Apollo Global Management
How Yahoo's sale will affect its sports properties is yet to be determined.
How Yahoo's sale will affect its sports properties is yet to be determined.
It looks like Verizon may sell Yahoo and AOL for far less than it paid for them.
More than 1,000 media members are about to be out of work after widespread cuts at three organizations Wednesday.
New Oath CEO Tim Armstrong's past sports efforts include selling FanHouse, not doing sports at AOL, the failed UFL and a failed lacrosse team.
Six years into the failed 2000 AOL-Time Warner merger (a $164 billion deal that was undone in 2009),...