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Press release content from Business Wire. The AP news staff was not involved in its creation. Pebblebrook Hotel Trust Prices Public Offering of 6.375% Series G Cumulative Redeemable Preferred Shares May 7, 2021 GMT BETHESDA, Md.--(BUSINESS WIRE)--May 7, 2021-- Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that on May 6, 2021, it priced an underwritten public offering of 8,000,000 of its 6.375% Series G Cumulative Redeemable Preferred Shares (the “Shares”) at a public offering price of $25.00 per share, for net proceeds of approximately $193.6 million, after deduc...

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Verizon sells Yahoo and AOL to Apollo for $5bn NEW YORK, 4 hours, 34 minutes ago Verizon, a global telecom conglomerate, has entered into an agreement with Apollo Global Management for the latter to acquire Verizon Media comprised of iconic brands such as Yahoo and AOL for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo at close of the transaction and continue to be led by CEO Guru Gowrappan. The corporate carveout will allow Verizon Media, which also comprises  leading ad tech and media platform businesses to aggressively pursue growth areas and ...

(Separate multiple addresses with a comma) Your Email Address Your Message (optional) Verizon Media to be Acquired by Apollo Funds for $5B May 04, 2021, 08:10 AM Verizon and Apollo Global Management announced that funds managed by affiliates of Apollo entered into an agreement to acquire Verizon Media for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo at close of the transaction and continue to be led by CEO Guru Gowrappan. One of the world’s premier global technology and media companies, Verizon Media is comprised of iconic brand...