Apollo Execs Selling Shares
May 13, 2013- Share:
Certain Apollo Global Management (NYSE: APO) shareholders are selling about 21.1 million class A shares for $25 per share. Chairman and CEO Leon Black is selling about 7 million shares in the offering, and will retain a 57.9% position in the firm after the sale. Senior managing directors Joshua Harris and Marc Rowan are selling approximately 4.4 million shares each.
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