Leave your feedback Share Copy URL https://ar-c.org/video/Bte9IS55PFm.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Verizons $9 Billion Blunder [7zOi2Q5KvU5] Health Updated on August 06, 2026 EDT — Published on August 06, 2026 EDT In 2017, Verizon acquired Yahoo for $4.48 billion and combined it with AOL to create Oath, aiming to build a major digital advertising competitor to Google and Facebook. Just two years later, Verizon wrote down Oath’s value by $4.6 billion, admitting it had overpaid roughly $1 billion on the combined ~$9 billion deal and became desperate to exit. Private equity giant Apollo Global Management then stepped in, buying the distressed asset at a discount to cut costs, restructure, and eventually profit from it. 2V7AAyFkDyl CXaaBIvpNee WBxzUevTOAB vbAjhtTpacw HlfRCaqm1zL
In 2017, Verizon acquired Yahoo for $4.48 billion and combined it with AOL to create Oath, aiming to build a major digital advertising competitor to Google and Facebook. Just two years later, Verizon wrote down Oath’s value by $4.6 billion, admitting it had overpaid roughly $1 billion on the combined ~$9 billion deal and became desperate to exit. Private equity giant Apollo Global Management then stepped in, buying the distressed asset at a discount to cut costs, restructure, and eventually profit from it. 2V7AAyFkDyl CXaaBIvpNee WBxzUevTOAB vbAjhtTpacw HlfRCaqm1zL