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The financial giant Apollo Global Management appears poised to offer an equity-like investment of as much as $5 billion in the distressed U.S. chipmaker, according to a report from Bloomberg on ...
Intel stock popped in early trading Monday following a Bloomberg report of a potential multibillion-dollar investment from Apollo Global Management.(Disclosure: Yahoo Finance is owned by Apollo ...
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. [2] [3] [1] As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion ...
In February 2016, Apollo Global Management acquired ADT for nearly $7 billion and merged it with another home security firm, Protection 1. [19] The purchase price represented a premium of approximately 56 percent over ADT's closing share price on February 12, 2016, and when combined with Protection 1, represented an aggregate transaction value ...
Yahoo (/ ˈjɑːhuː /, styled yahoo! in its logo) [4][5] is an American web services provider. It is headquartered in Sunnyvale, California, and operated by the namesake company Yahoo! Inc., which is 90% owned by investment funds managed by Apollo Global Management and 10% by Verizon Communications. It provides a web portal, search engine ...
Paramount stock jumped as much as 15% on Friday following media reports that private equity firm Apollo Global Management is in discussions to acquire the media company through a joint buyout bid ...
In October 2017, West was purchased by Apollo Global Management, a New York-based private equity firm, for $5.2 billion. [1] On August 31, 2018 West Corporation laid off 148 employees between their Middleton, WI and Green Bay, WI location after losing a major contract. [11] On June 25, 2019 West Corporation rebranded itself to Intrado. [12]
In May 2023, Apollo Global Management agreed to acquire Arconic in an all-cash deal worth $5.2 billion, including debt. [36] The purchase was completed in August 2023, [ 5 ] when Chris Ayers was named as the new CEO of Arconic from September 11, 2023.