Sep. 16 at 3:36 PM
Apollo Global Management is exploring the potential sale of AOL after receiving interest from several prospective buyers, according to the Wall Street Journal. Sources familiar with the matter indicate that the transaction could value AOL at around
$1.5 billion, although discussions may not result in a finalized deal. Apollo originally acquired AOL in 2021 as part of a larger
$5 billion acquisition that also included Yahoo from Verizon, aiming to expand its digital media portfolio.
$APO $VZ