Apollo Global Management
Apollo Global to Buy Shutterfly for $2.7B
The private equity firm is also buying Snapfish, and plans to merge the companies to create a bigger player in online-photo services.
Apollo Adds French Stores to Grocery Assets
The $529 million acquisition of 32 stores from Casino Group comes less than a week after the private-equity firm bought Smart & Final.
ADT Fined Over Reporting Failures
Security company ADT was hit with a $100,000 fine from the SEC over failure to report under GAAP when presenting its financial numbers.
Pay Ratio Disclosures Mislead Investors
The first round of proxy statements after the new pay ratio rule took effect underscores inherent flaws in the rule.
ADT Shares Tumble on First Day of Trading
The IPO priced below the original target range as the home security firm went public only two years after being taken private.
Apollo Bets on Golf Revival With ClubCorp Buy
The PE powerhouse will pay $1.1 billion for ClubCorp's golf, country, and sports clubs, which serve 430,000 members.
Toshiba Nuclear Power Unit Files Chapter 11
Cost overruns at Westinghouse Electric power plants have contributed to Toshiba's financial woes, forcing a $6.3 billion writedown.
Philips Takes Haircut on Sale of Lighting Unit
The $1.5 billion deal with private equity firm Apollo is a 46% discount to a previous sale that was blocked by U.S. regulators.
Apollo to Take Rackspace Private in $4.3B Deal
The acquisition by the PE firm may help Rackspace compete with the likes of Amazon and Google in the cloud computing services market.
Apollo Global Management Charged with Misleading Investors
The private equity firm failed to properly disclose fees and conflicts of interest to limited partners in some funds, the SEC said.
Slew of Deals Announced
It was an active Monday for acquisitions, with four large deals announced, including Verizon's $4.8 billion agreement to acquire Yahoo.