Verizon announces to sell its business for $5 billion
American wireless network operator Verizon has announced that it will sell the business to Apollo Global Management for $5 billion. As per reports, Verizon will get $4.25 billion in cash, preferred interests of $750 million, and retain a 10 percent stake in Verizon Media, as part of the deal terms. CEO of Verizon Communications Hans … Read more