Apollo Global Management
US private-equity firm that owns 90% of Yahoo
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Apollo Global Management is an American private-equity and asset-management firm founded in 1990 by Leon Black, Josh Harris and Marc Rowan, headquartered in the Solow Building in New York City. It has been listed on the New York Stock Exchange since 2011. Marc Rowan is chairman and CEO.Sources:1Wikipedia: Apollo Global Management, Wikipedia (source, opens in a new tab)
In 2021 funds managed by Apollo bought 90% of Yahoo from Verizon for about $5 billion; Verizon kept 10%.Sources:2Wikipedia: Yahoo Inc. (2017–present), Wikipedia (source, opens in a new tab)
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