Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: ldo79 who wrote (364873)	4/8/2008 7:50:38 PM
From: Giordano Bruno	Read Replies (2) of 436258

One of the buyers seems to have stability issues. Nice portfolio -g- apolloic.com Apollo Investors to Sell Shares By PETER LATTMAN April 8, 2008 6:44 p.m. Apollo Global Management LLC, the private-equity firm run by Leon Black, filed to sell about $418 million of stock. The company plans to sell about 30 million shares for $14 each, according to a securities filing Tuesday. The shares are being sold by investors who bought stock in a private transaction in August, said New York-based Apollo said in the filing. The shares are expected to trade on the New York Stock Exchange. Last summer, Apollo listed shares on a private exchange run by Goldman Sachs Group Inc. The market value of those shares has fallen by more than 30% since their shares began trading. Before their stock offerings, Apollo sold roughly 10% stakes in itself to California Public Employees' Retirement System, known as Calpers, and the Abu Dhabi Investment Authority.

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