Apollo Global Management Incorporated pondering Yahoo Sports merger
In the United States and alternative investments firm Apollo Global Management Incorporated is reportedly considering whether to merge its newly-acquired Yahoo Sports digital news service with an existing online sportsbetting operator.
According to a Wednesday report from CNBC.com, the New York-listed enterprise inked a deal with telecommunications giant Verizon in May that saw it spend $5 billion so as to purchase a majority stake in prominent web services provider Yahoo. The source detailed that this arrangement included the Yahoo Sports enterprise, which launche…