Capital Allocators – Inside the Institutional Investment Industry
Business:Investing
The fifth episode of Season 2 of Private Equity Deals releases today. We discuss Apollo’s purchase of Yahoo a year and a half ago. You heard that right – Apollo bought Yahoo.
Yahoo is comprised of legacy Yahoo and AOL businesses, which peaked at a combined market cap of $350 billion in the dot.com heyday. It still hosts 900 million monthly active users and is the 3rd largest internet property.
So what did Apollo see as the potential in this longstanding, slowly declining business? Search for Private Equity Deals on your podcast player to find out.
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