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Stock Market & Financial Investment News

News Breaks
February 3, 2014
09:02 EDTAPOMcGraw-Hill Educations agrees to acquire Engrade
McGraw-Hill Education announced that it has agreed to acquire Engrade, the developer of an open digital platform for K-12 education that unifies the data, curriculum and tools that educators use to drive student achievement and inform district educational strategy. Terms of the deal, which is expected to close imminently, were not disclosed. As part of McGraw-Hill Education's commitment to open standards, the company plans to grow Engrade's platform under its current business model while also deeply integrating Engrade with McGraw-Hill Education's own digital platforms.
News For APO From The Last 14 Days
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October 30, 2014
06:40 EDTAPOApollo Global reports Q3 EPS (5c), may not compare to consensus 38c
Reports Q3 revenue $221.14M, consensus $394.57M. Reports Q3 total Assets Under Managemnt $163.9B, up 45% vs. a year ago. Reports Q3 ENI after taxes 12c per share.
October 29, 2014
12:59 EDTAPOPrivate equity firms preparing initial bids for PetSmart auction, WSJ says
Private equity firms including Apollo Global Management (APO), Hellman & Friedman and KKR (KKR) are said to be preparing initial bids for pet-supply retailer PetSmart (PETM), says the Wall Street Journal. PetSmart which is based in Phoenix and has around 1,350 stores has a market capitalization of around $7B, added the Wall Street Journal. Shares of PetSmart are up almost 3% or $1.98, to $72.06 in midday trading. Reference Link
October 24, 2014
08:06 EDTAPOExpress Energy Services agrees to be acquired by Apollo Funds
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