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Stock Market & Financial Investment News

News Breaks
January 22, 2013
15:39 EDTFLO, APOApollo led group in lead for opening bid on most Hostess cake brands, WSJ says
A team including Apollo Global (APO) and C. Dean Metropoulos is in the lead for the opening bid on the bulk of Hostess’ cakes businesses, but Hostess is aiming to sell the Drakes Cakes brand separately, according to The Wall Street Journal, citing sources. The WSJ previously reported that Flowers Foods (FLO) and Grupo Bimbo are in the lead to buy Hostess' bread brands, including Wonder Bread. Reference Link
News For APO;FLO From The Last 14 Days
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July 24, 2015
15:17 EDTAPOCapital One, Apollo Global weigh final bids for GE unit, Bloomberg says
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July 15, 2015
08:35 EDTAPOCNBC to hold a conference
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06:53 EDTAPOMcGraw-Hill Education acquires minority stake in busuu
McGraw-Hill Education has taken a EUR6M, or approx. $6.5M minority equity stake in busuu, a social network for language learning with over 55M users. The transaction includes an agreement that will give McGraw exclusive global rights to distribute busuu to B2B customers, including scohools, private language institutions and corporations. Additionally, the companies will explore adding McGraw-Hill Education's adaptive learning technology to busuu products.

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