Apollo Global Management Completes Acquisition of Bridge Investment Group
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Apollo Global Management Inc. has completed its acquisition of Bridge Investment Group Holdings Inc. in an all-stock deal, valuing each Bridge share at $11.50. Bridge stockholders received 0.07081 shares of Apollo stock for each share of Bridge. Following the acquisition, Bridge’s common stock has ceased trading on the NYSE and will operate as a platform company within Apollo’s asset management business, retaining its brand and management.
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