Verizon is reportedly looking to sell HuffPost , part of the global Group Group , as part of a wider divestment strategy that saw it sell Tumblr earlier this year for $ 500 m . The success comes as it hopes to rectify a long spending gap that culminated in the acquisition of Yahoo ! for $ 4.5bn in 2017 .
Verizon is reportedly looking to sell HuffPost, part of the Verizon Media Group, as part of a wider divestment strategy that saw it sell Tumblr earlier this year for $3m. The move comes as Verizon attempts to rectify a long spending spree that culminated in the acquisition of Yahoo! for $4.5bn in 2017.