Verizon announced today that it will sell multiple media properties, including those that once made up AOL and Yahoo, to Apollo Global Management for US$5 billion. This marks a roughly $4 billion loss for the telecom giant, which purchased AOL for $4.4 billion in 2015 and Yahoo for $4.5 billion in 2017.
https://www.notebookcheck.net/Verizon-sells-Yahoo-and-AOL-for-US-5-billion.537283.0.html