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Stock Market & Financial Investment News

News Breaks
January 29, 2013
11:37 EDTAPOHostess selects Apollo team as lead cake brand bidder, Bloomberg reports
Hostess Brands selected a team of Apollo Global (APO) and C. Dean Metropoulos & Co. as the lead bidder for its cake brands, Bloomberg reports, citing two people with knowledge of the matter. Reference Link
News For APO From The Last 14 Days
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August 26, 2015
07:39 EDTAPOPiper Jaffray lowers estimates for asset managers below consensus
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August 18, 2015
19:47 EDTAPOCaesars creditors give ultimatum to Apollo Global, Bloomberg says
Earlier this month, creditors opposed to Caesars Entertainment's (CZR) bankruptcy plan demanded that Apollo Global (APO) -- one of the company's owners -- relinquish control of the bankrupt unit's parent company, reports Bloomberg, citing two people with knowledge of the matter. In exchange, the creditors offered to withdraw several lawsuits related to the bankruptcy, said the sources. Apollo rejected the ultimatum, though sources noted that talks are continuing. Reference Link

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