Verizon is a telecommunications company. It was the seller of the media business acquired by Apollo-managed funds and renamed Yahoo in the September 2021 transaction.
Verizon retained a 10% Yahoo interest at that transaction’s closing. That historical statement is not a verification of the size of any remaining stake today.
WorldCom grew through telecom acquisitions, then concealed deteriorating economics by turning operating expenses into assets. The full history connects the executives’ accounting decisions, Cynthia Cooper’s audit, bankruptcy, criminal cases and the different meanings of investor recovery.
Financial company profileResearch updated Oct 5, 2026
Apollo’s private-equity history is rooted in complicated ownership and financing problems. The long ADT investment and Yahoo carve-out help explain that business, while Athene shows why today’s Apollo cannot be measured by buyouts alone.
Policy & official records
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