Yahoo CEO Jim Lanzone said that the company is planning to make a comeback to public markets.
Yahoo, one of the oldest internet search giants, will soon become an IPO..
Being a private entity enabled Yahoo to make required structural changes, Lanzone said.
In 2021, Apollo acquired Verizon Media — which included AOL and Yahoo — for about $5B.
“While the company has had struggles in different points in time, we’re still huge in traffic, and we have our best days ahead of us product wise,” said Lanzone.
