Investment management firm Apollo Global Management Inc. has entered into an agreement to acquire Verizon Media for $5 billion. Under the terms of the agreement announced Monday, Verizon Communications Inc. will receive $4.25 billion in cash, preferred interests of $750 million and retain a 10 per cent stake in Verizon Media. Current CEO Guru Gowrappan will continue to lead Verizon Media, which will be known as Yahoo, the company said in a release. “The past two quarters of double-digit growth have demonstrated our ability to transform our media ecosystem. With Apollo’s sector...