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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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April 22, 2014
12:50 EDTAPOApollo Global acquires Classic Party Rentals, terms not disclosed
Classic Party Rentals announced that funds managed by Apollo Global Management submitted the winning offer to acquire substantially all of the business of Event Rentals and its subsidiaries, d/b/a Classic Party Rentals at yesterday’s auction. The acquisition is subject to the execution of an asset purchase agreement and approval by the United States Bankruptcy Court for the District of Delaware.
06:23 EDTAPOSmart & Final IPO could come as early as this year, WSJ reports
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April 15, 2014
16:20 EDTAPOCaelus Energy Alaska, Apollo Global announce partnership
Caelus Energy Alaska and affiliates of Apollo Global Management (APO) have formed a strategic partnership to invest in oil and gas properties in Alaska. Caelus has closed its first transaction, the acquisition of Pioneer Natural Resources' (PXD) Alaskan oil and gas business, for $300M in cash, subject to adjustments, plus other consideration. Caelus, headquartered in Dallas has an executive management team led by CEO James C. Musselman and a technical team led by Chief Technical Officer Kenny Goh. Among other things, Mr. Musselman previously led Kosmos Energy, which discovered the 1 billion-plus barrel Jubilee field off the West African coast, and Triton Energy, which was acquired by Amerada Hess for $3.2B. Apollo funds have the opportunity to invest up to $1B in Caelus to develop the company's existing assets and to pursue acquisitions or other additional investments.

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