Financial M&A » By The Online Investor Staff, updated Sun., Apr. 18, 3:54 AM
Recent mergers and acquisitions in the Financial M&A category.
| This Slide: #27 of 100 |
Slide #27. Apollo Global Management — Classic Party Rentals
Acquirer:
Apollo Global Management (NYSE:APO)
Acquiree:
Classic Party Rentals
Details:
Classic Party Rentals ("Classic" or the "Company"), the nation's leading event rental and services provider, today announced that the United States Bankruptcy Court for the District of Delaware has approved the acquisition of substantially all of the business of Event Rentals, Inc. and its subsidiaries, d/b/a Classic Party Rentals, by funds managed by Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries, "Apollo").
Apollo Global Management is an alternative investment manager. Co.'s Credit segment primarily invests in non-control corporate and structured debt instruments including performing, stressed and distressed investments across the capital structure. Co.'s Private Equity segment primarily invests in control equity and related debt instruments, convertible securities and distressed debt investments. Co.'s Real Assets segment primarily invests in, among others: real estate equity and infrastructure equity for the acquisition and recapitalization of real estate and infrastructure assets, portfolios, platforms and operating companies; and real estate and infrastructure debt.
APO SEC Filing Email Alerts Service
Open the APO Page at The Online Investor »
|
||||||||||||||||||||||||
Open the APO Page at The Online Investor (in a new window) »
|
|
Avg. Broker Rec.
 
|
Buy (2.85 out of 4) 19th percentile
(ranked lower than approx. 81% of all stocks covered)
Analysts' Target Price: APO Stock Forecast Based on Zacks ABR data; powered by Xignite |
