Apollo Global Management Inc. confirmed Friday that it is in the early stages of evaluating a cash offer for Pearson Plc . The FTSE 100 education company''s shares were up about 21% on the news. Apollo said there was no guarantee that any offer will be made or on which terms. The company is required to announce a firm intention within 28 days or announce that it does not plan an offer. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Apollo Global Management Inc. undefined confirmed Friday that it is in the early stages of evaluating a cash offer for Pearson Plc undefinedundefined. The…

Intrado to Divest Flowroute Business

08:00pm, Wednesday, 09'th Mar 2022 GlobeNewswire Inc.
ISLANDIA, N.Y., March 09, 2022 (GLOBE NEWSWIRE) -- Intrado Corporation (“Intrado” or the “Company”), a global leader in technology-enabled services, today announced it has sold the assets of

Verizon (VZ)-Managed Yahoo to Divest Edgecast to Limelight

03:34pm, Tuesday, 08'th Mar 2022 Zacks Investment Research
With a total addressable market of approximately $40 billion, the divesture of Verizon (VZ)-managed Yahoo business is likely to deliver significantly increased scale and a diversified revenue mix.
Shares of Limelight Networks Inc. rallied 6.7% in premarket trading Monday, after the content delivery services provider announced a deal to buy Yahoo''s Edgecast Inc., a provider of security, content delivery and video services, in a stock deal that values Edgecast at about $300 million. Yahoo, which owns Edgecast, is owned by Verizon Communications Inc. and funds managed by affiliates of Apollo Global Management Inc. . Under terms of the deal, Yahoo will receive 72.2 million shares of Limelight and will own 31.9% of the combined company. "By uniting Limelight and Edgecast, we are building a powerful application, content and video edge enabled solutions company that delivers improved customer performance, productivity and security for the outcome buyer," said Limelight Chief Executive Bob Lyons. Limelight''s stock has run up 37.2% over the past three months while the S&P 500 has slipped 7.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.
There could be a new heavy hitter in the sports betting sector if Apollo Global Management (APO) finds a partner for Yahoo Sports. Read more.
Leon Black obtained loans against $1.1 billion of his Apollo Global Management Inc. stock, enabling the billionaire to ramp up his personal investments outside of the private equity firm he founded and then stepped down from last year.
Intrado’s Spatial Insight more quickly relays critical data to 911 telecommunicators in a map-based display seamlessly integrated into existing emergency communication workflows Intrado’s Spatial

Apollo Looks To Merge Yahoo Sports With Betting Companies

06:58pm, Wednesday, 02'nd Mar 2022 Benzinga
Apollo Global Management Inc (NYSE: APO ) is discussing with sports betting companies to merge their assets with Yahoo Sports, CNBC reports . Apollo acquired Yahoo from Verizon Communications Inc (NYSE: VZ ) for … Full story available on Benzinga.com
Private equity firm Apollo Global has held preliminary conversations with sports betting companies to potentially merge with Yahoo Sports, sources say
Private equity firm Apollo Global has held preliminary conversations with sports betting companies to potentially merge with Yahoo Sports, sources say

Apollo Announces First Close of Global Wealth Acquisition of Griffin

09:15pm, Tuesday, 01'st Mar 2022 GlobeNewswire Inc.
NEW YORK, March 01, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced a first close in its previously announced transaction with Griffin Capital (“Griffin”). Apollo has completed the a
Click the following link to watch video: https://share.newscasts.refinitiv.com/linkentryId=1_x2472m04&referenceId=1_x2472m04&pageId=RefinitivNewscasts Source: Reuters Description: CEO Marc Rowan talks through a transformational year and how the company…
Apollo Commercial is well positioned to benefit from near-term interest rate changes. See why I think it's an attractive opportunity to buy ARI at a discount.
NEW YORK , Feb. 28, 2022 /PRNewswire/ -- Behrman Capital, a private equity investment firm based in New York , today announced the closing of Behrman Capital Micross CF L.P., a new single asset continuation fund of approximately $500 million in connection with the sale of its portfolio company Micross Components ("Micross" or the "Company"), the leading global supplier of turnkey high-reliability microelectronic product and service solutions for aerospace, defense, space, medical and industrial applications, by Behrman Capital VI L.P. ("Fund VI") and other investors. The continuation fund, managed by Behrman Capital, will be supported by new and returning limited partners, anchored by funds managed by Apollo Global Management, Inc. and its affiliates (collectively "Apollo") and funds managed by BlackRock''s private equity secondaries team. Behrman Capital and existing Fund VI limited partners rolled significant proceeds into the continuation fund as part of the transaction, and Micross management also rolled the majority of its equity proceeds.
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