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Stock Market & Financial Investment News

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July 7, 2014
07:37 EDTAPOApollo Global formalizes changes to deal makers' pay plans, WSJ says
Apollo Global Management confirmed in a regulatory filing late Thursday that it has formalized changes to its top deal makers' pay plans to use stock as payment for a portion of their share of profits from the firm's latest buyout fund, reported The Wall Street Journal. The policy is a change from the all-cash payouts Apollo partners had received from fund profits previously, the Journal noted, citing people familiar with the matter. Reference Link
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