New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
March 24, 2015
14:34 EDTAPOGreat Wolf Resorts to be acquired by affiliate of Centerbridge Partners
Great Wolf Resorts announced that it has entered into a definitive agreement and plan of merger with an affiliate of Centerbridge Partners, whereby Centerbridge will acquire Great Wolf. Great Wolf is currently controlled by funds affiliated with Apollo Global Management (APO).
08:35 EDTAPOSpecial examiner may force bankruptcy for Caesars Growth Partners, NY Post says
Subscribe for More Information
March 20, 2015
06:47 EDTAPOCreditors dispute 'inside deals' surrounding Caesars loyalty program, WSJ says
Caesars Entertainment's (CZR) customer loyalty program has been valued at $1B by creditors, who alleged in lawsuits surrounding its January bankruptcy that the Caesars parent company and majority stake holder Apollo (APO) made several improper deals designed to keep the loyalty unit inaccessible to creditors, reports the Wall Street Journal. Fitch Ratings analyst Alex Bumazhny now calls a swift bankruptcy process "increasingly unlikely," while the presiding judge gave additional scope last week to investigate the disputed deals. Reference Link
March 19, 2015
07:55 EDTAPOMolycorp bondholders led by Apollo close to hiring Blackstone, Bloomberg says
Subscribe for More Information
March 18, 2015
15:22 EDTAPOMolycorp creditors close to hiring Blackstone, Bloomberg says
Subscribe for More Information
07:27 EDTAPOFreeport seeks funding from Blackstone, Apollo, Reuters says
Freeport McMoRan (FCX) has hired Goldman Sachs (GS) and Barclays (BCS) to find private equity firms willing to finance certain of its energy projects and asset developments, reports Reuters, citing people familiar with the matter. Freeport is in talks with Blackstone (BX), Apollo (APO), and Warburg Pincus about a potential partnership. The sources say the firm may be seeking "several billion dollars," though discussions are in "very early" stages. Reference Link
07:18 EDTAPOWells Fargo to hold a forum
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use