Apollo Global Management Llc C (APO) 18.90 $APO Diamond

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Apollo Global Management Llc C (APO) 18.90 $APO

Diamond Resorts International, Inc. and Affiliates of Certain Funds Managed by Affiliates of Apollo Global Management, LLC Announce the Closing of the Previously Announced Transaction amongst the Parties
BusinessWire - Fri Sep 02, 8:13AM CDT
Diamond Resorts International, Inc. ("Diamond Resorts" or the "Company" (NYSE RII) and affiliates of certain funds (the "Apollo Funds" managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo" (NYSE:APO) today announced the successful completion of the previously announced transaction amongst the parties, whereby affiliates of the Apollo Funds acquired all of the outstanding common stock of Diamond Resorts. The acquisition was effected through a previously announced $30.25 per share cash tender offer for all of the outstanding shares of common stock of Diamond Resorts followed by a merger.
APO: 18.90 (+0.14), DRII: 30.22 (unch)

WeissLaw LLP Files Class Action Lawsuit Against Outerwall Inc.
PR Newswire - Thu Sep 01, 11:43AM CDT
WeissLaw LLP announced that a class action was commenced in the United States District Court for the Western District of Washington at Seattle on behalf of shareholders of Outerwall Inc. ("Outerwall" seeking to pursue remedies under the Securities and Exchange Act of 1934 (the "Exchange Act" in connection with the proposed acquisition of Outerwall by affiliates of Apollo Global Management, LLC ("Apollo" .
APO: 18.90 (+0.14), OUTR: 51.79 (-0.03)

Affiliates of Certain Funds Managed by Affiliates of Apollo Global Management Announce Extension of Tender Offer for All Outstanding Shares of Outerwall
BusinessWire - Wed Aug 31, 4:59PM CDT
Affiliates of certain funds managed by affiliates of Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries, "Apollo" and Outerwall Inc. ("Outerwall" today announced an agreement to extend the offering period of Apollo's previously announced cash tender offer to purchase all of the outstanding shares of common stock of Outerwall to 12:00 Midnight, New York City time, on September 22, 2016 (one minute after 11:59 P.M., New York City time, on September 22, 2016), unless further extended. The tender offer was previously scheduled to expire at 12:00 Midnight, New York City time, on September 1, 2016 (one minute after 11:59 P.M., New York City time, on September 1, 2016).
APO: 18.90 (+0.14)

INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Regarding Whether the Sale of Rackspace Hosting, Inc. to Apollo Global Management LLC for $32 Per Share is Fair to Shareholders
BusinessWire - Wed Aug 31, 2:02PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
RAX: 31.47 (unch), APO: 18.90 (+0.14)

Apollo (APO) Investors Seem Bullish on Rackspace (RAX) Deal
Zacks Equity Research - Zacks Investment Research - Wed Aug 31, 7:16AM CDT
The stock price of Apollo Global Management (APO), a private equity operator, gained about 1.4% since it signed a definitive agreement to acquire struggling cloud provider Rackspace Hosting, Inc. (RAX) on Aug 26.
APO: 18.90 (+0.14), RAX: 31.47 (unch), EV: 40.13 (+0.56), VRTS: 90.96 (+2.35)

RACKSPACE SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Rackspace Hosting, Inc. (RAX) Over the Proposed Sale of the Company to Apollo Global Management, LLC
PR Newswire - Tue Aug 30, 2:59PM CDT
Nadeem Faruqi, founding partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Rackspace Hosting, Inc. ("Rackspace" or the "Company" (NYSE:RAX) for potential breaches of fiduciary duties in connection with the sale of the Company to Apollo Global Management, LLC for approximately $4.3 billion.
RAX: 31.47 (unch), APO: 18.90 (+0.14)

RACKSPACE MERGER INVESTIGATION ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Rackspace Hosting, Inc.
GlobeNewswire - Mon Aug 29, 5:30PM CDT
Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Rackspace Hosting, Inc. ("Rackspace" or the "Company" relating to the sale of the Company to affiliates of private equity firm Apollo Global Management LLC ("Apollo" . On August 26, 2016, the two parties announced the signing of a definitive merger agreement pursuant to which Apollo will acquire Rackspace in a merger in a deal worth $4.3 billion. As a result of the merger, Rackspace shareholders are only anticipated to receive $32.00 per share in cash in exchange for each share of Rackspace.
RAX: 31.47 (unch), APO: 18.90 (+0.14)

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of Rackspace Hosting, Inc. to Apollo Global Management LLC for $32 Per Share is Fair to Shareholders - RAX
ACCESSWIRE - Mon Aug 29, 3:15PM CDT
NEW YORK, NY / ACCESSWIRE / August 29, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
RAX: 31.47 (unch), APO: 18.90 (+0.14)

Why is Caesars Entertainment (CZR) Plunging 16% Today?
Madeleine Johnson - Zacks Investment Research - Mon Aug 29, 11:38AM CDT
On Monday, shares of Caesars Entertainment Corp. (CZR) are plunging, down almost 16% in morning trading after a Chicago bankruptcy judge ruled last Friday that the company must face many bondholders' lawsuits.
APO: 18.90 (+0.14), CZR: 6.15 (-0.08)

Blog Coverage Apollo Global's Acquisition Transforms Rackspace into a Privately Held Entity
ACCESSWIRE - Mon Aug 29, 8:16AM CDT
LONDON, UK / ACCESSWIRE / August 29, 2016 / Active Wall St. blog coverage looks at the headline from Apollo Global Management LLC. (NYSE: APO) as the company announced its acquisition of cloud services company Rackspace Hosting Inc. (NYSE: RAX) for $ 4.3 billion on August 26, 2016. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/.
RAX: 31.47 (unch), APO: 18.90 (+0.14), NKE: 58.02 (-0.52), OUTR: 51.79 (-0.03)

RACKSPACE HOSTING (RAX) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Rackspace Hosting, Inc.
BusinessWire - Mon Aug 29, 7:01AM CDT
Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Rackspace Hosting, Inc. (NYSE:RAX) ("Rackspace" or the "Company" relating to the sale of the Company to affiliates of private equity firm Apollo Global Management LLC ("Apollo" . On August 26, 2016, the two parties announced the signing of a definitive merger agreement pursuant to which Apollo will acquire Rackspace in a merger in a deal worth $4.3 billion. As a result of the merger, Rackspace shareholders are only anticipated to receive $32.00 per share in cash in exchange for each share of Rackspace.
RAX: 31.47 (unch), APO: 18.90 (+0.14)

Affiliates of Certain Funds Managed by Affiliates of Apollo Global Management Announce Extension of Tender Offer for All Outstanding Shares of Diamond Resorts
BusinessWire - Mon Aug 29, 7:00AM CDT
On August 29, 2016, affiliates of certain funds managed by affiliates of Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries, "Apollo" and Diamond Resorts International, Inc. ("Diamond Resorts" agreed to further extend the offering period of Apollo's previously announced cash tender offer to purchase all of the outstanding shares of common stock of Diamond Resorts for a period of two (2) business days. The tender offer, as previously extended, was scheduled to expire at 5:00 P.M., New York City time, on August 30, 2016. The expiration date of the tender offer is extended to 5:00 P.M., New York City time on September 1, 2016, unless further extended. Apollo and Diamond Resorts expect that the tender offer will be consummated promptly following the expiration date.
APO: 18.90 (+0.14)

RACKSPACE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Rackspace Hosting, Inc.
PR Newswire - Fri Aug 26, 6:19PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF" are investigating the proposed sale of Rackspace Hosting, Inc. ("Rackspace" or the "Company" (NYSE: RAX) to affiliates of funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO). Under the terms of the proposed transaction, shareholders of Rackspace will receive only $32.00 in cash for each share of Rackspace that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
APO: 18.90 (+0.14), RAX: 31.47 (unch)

RACKSPACE HOSTING, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Fri Aug 26, 11:11AM CDT
Rigrodsky & Long, P.A.:
APO: 18.90 (+0.14), RAX: 31.47 (unch)

RACKSPACE (RAX) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Rackspace Hosting, Inc.; Is $32.00 a Fair Price?
PR Newswire - Fri Aug 26, 8:58AM CDT
Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Rackspace Hosting, Inc. (NYSE: RAX) breached their fiduciary duties in connection with the proposed sale of the Company to affiliates of Apollo Global Management, LLC. Rackspace provides managed cloud services in the business information technology (IT) market worldwide.
RAX: 31.47 (unch), APO: 18.90 (+0.14)

Investment Advisory Firms Fined for Endorsing False Claims
Zacks Equity Research - Zacks Investment Research - Fri Aug 26, 8:22AM CDT
The U.S. Securities and Exchange Commission (SEC) announced penalties worth $2.2 million on 13 investment advisory firms.
APO: 18.90 (+0.14), GS: 169.18 (+0.67), BBT: 38.49 (+0.17), BAC: 16.00 (+0.02)

Rackspace Enters Into a $4.3 Billion Transaction to Become a Private Company Through an Acquisition Led by Certain Funds Managed by Affiliates of Apollo Global Management
Marketwired - Fri Aug 26, 7:48AM CDT
SAN ANTONIO, TX--(Marketwired - August 26, 2016) -
APO: 18.90 (+0.14), RAX: 31.47 (unch)

Mettler-Toledo International Set to Join the S&P 500; Monolithic Power Systems to Join S&P MidCap 400; WCI Communities and Nautilus to Join S&P SmallCap 600
PR Newswire - Thu Aug 25, 4:47PM CDT
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
SPGI: 125.43 (+1.49), TYC: 45.59 (+0.58), APO: 18.90 (+0.14), MPWR: 77.37 (-0.29), OUTR: 51.79 (-0.03), NLS: 23.64 (+0.50), JCI: 45.45 (+0.41), WCIC: 18.80 (+0.01), MTD: 401.55 (-3.17)

Aspen Merger Sub, Inc. Announces Tender Offers for Certain Notes of Outerwall Inc.
BusinessWire - Thu Aug 25, 3:34PM CDT
Aspen Merger Sub, Inc. (the "Offeror" , an affiliate of certain funds managed by affiliates of Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries and affiliates, "Apollo" , launched tender offers to purchase for cash (collectively, the "Tender Offers" any and all of Outerwall Inc.'s ("Outerwall" outstanding 6.000% Senior Notes due 2019 (the "2019 Notes" and any and all of Outerwall's outstanding 5.875% Senior Notes due 2021 (the "2021 Notes" and, together with the 2019 Notes, the "Notes" .
APO: 18.90 (+0.14)

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