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Stock Market & Financial Investment News

News Breaks
March 20, 2014
08:30 EDTAPOApollo Global says Marc Spilker to step down as president
Apollo Global Management announced that Marc Spilker will be stepping down as President of Apollo and as a member of the firmís Executive Committee. Apolloís Executive Committee will continue to manage the firm and will rely upon the firmís Management Committee of senior executives from the firmís investment and infrastructure functions to assist in implementing the firmís growth initiatives and manage day to day operations. Members of Apolloís Executive Committee are Leon Black, Chairman and Chief Executive Officer; Josh Harris, Senior Managing Director and Marc Rowan, Senior Managing Director. Mr. Spilker will stay on as a senior advisor to the firm for the remainder of 2014.
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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