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Stock Market & Financial Investment News

News Breaks
July 6, 2013
16:53 EDTAPO, ICONIconix Brand joins 'Elvis' bidding, NY Post says
Iconix Brand Group (ICON) is through to the second round of bidding fo rights to the Elvis Presley name and likeness, says the NY Post. The sale of "Elvis" rights by Apollo Global Management (APO) also includes the rights to the Muhammad Ali brand and likeness, added the NY Post. Reference Link
News For ICON;APO From The Last 14 Days
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November 22, 2015
19:03 EDTAPOCVC, Canadian Pension to acquire Petco for $4.7B, Bloomberg says
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November 15, 2015
19:45 EDTAPOApollo Global, Starwood battling for Travelodge, Sunday Times says
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November 13, 2015
07:53 EDTICONSequential Brands weighed down by sector concerns, says Canaccord
Canaccord believe shares of Sequential Brands (SQBG) are lower due to negative commentary from Iconix Brands (ICON). The firm feels the share retracement has entirely discounted Sequential's last three deals and noted the company just raised its organic growth rate target to double digits, has strong financial partners, and believes the company's new long-term revenue targets could double upon the closing of its Martha Stewart deal. Canaccord reiterated its Buy rating and $22 price target on Sequential Brands shares.
November 12, 2015
07:06 EDTAPOFunds affiliated with Apollo to acquire RegionalCare Hospital Partners
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05:59 EDTAPOKKR, others expected to bid over $4B for Petco, NY Post reports
Two private equity-led firms -- one with KKR (KKR) and Hellman & Friedman, and the other with CVC Capital and the Canada Pension Plan Investment Board -- are expected to each bid over $4B for Petco Holdings, which operates around 1,300 stores in the U.S., The New York Post reports. Apollo Global (APO) is also expected to bid for the pet supply retailer. Reference Link
November 11, 2015
14:05 EDTAPOApollo Global expresses interest in RegionalCare, Bloomberg says
Warburg Pincus is exploring strategic options for RegionalCare Hospital Partners that could value the health care company at roughly $800M, reports Bloomberg, citing sources. The move has drawn interest from private equity firms including Apollo Global, which has held discussions with lenders about taking ownership of Regional, said the sources. Reference Link
10:03 EDTICONHigh option volume stocks
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