Apollo Global buys Tech Data for $5.4B
Private equity firm Apollo Global Management has agreed to acquire technology equipment company Tech Data for $5.4 billion. The transaction includes the assumption of the target’s debt. Apollo will pay $130 per Tech Data share in cash. This is a premium of about 24.5% to the closing price on October 15 – the last trading day […]
Eldorado, Caesars investors to vote on merger in November
Shareholders of Eldorado Resorts and Caesars Entertainment Corporation, are scheduled to vote on proposed $17.3 billion merger on November 15, according to a joint statement. The merger agreed in June and would see Eldorado buying up Caesars’ stock, assuming control over it as a result. As part of the agreement, Eldorado will pick up Caesars […]
