Tech and media company Yahoo officially has a new owner -- and will be known as Yahoo once again.
Private equity firm
The old company, known as
Yahoo changed its name in 2017 when it was acquired by Verizon, which previously bought AOL. The merged company was initially called Oath before it was changed to
The acquisition allows Yahoo to operate as a standalone company under Apollo Funds.
"This is a new era for Yahoo," Yahoo CEO
"We anticipate that the coming months and years will bring fresh growth and innovation for Yahoo as a business and brand."
Verizon paid nearly
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