Apollo Global Management
Verizon Sells Yahoo, AOL to Apollo for $5B
The deal marks the end of Verizon's effort to provide a digital media alternative to tech behemoths Google, Facebook, and Amazon.
Greensill Capital Files for Insolvency
The supply-chain lender's filing follows the decision of Swiss funds that had invested in its securities to withdraw their support.
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.