apollo global management

Apollo Global Management CEO Leon Black said Thursday that giving Jeffrey Epstein a second chance following the late financier’s imprisonment in 2008 for soliciting an underage prostitute in

Telecom giant AT&T may be trying to unload struggling satellite TV provider DirecTV, but shareholders shouldn’t expect a sale anytime soon, one prominent analyst warned. AT&T has “overvalued” the “albatross” that is DirecTV, leading to skepticism that suitors circling the assets will actually reach a deal, Craig Moffett of MoffettNathanson said on Monday. Moffett said …

US Virgin Islands authorities will issue subpoenas to Leon Black and his private-equity giant Apollo Global Management, demanding that they fork over details of their ties to pedophile financier Jeffrey Epstein. Black, a billionaire buyout king who is chairman of New York’s Museum of Modern Art, has come under scrutiny for maintaining ties with Epstein …

Serta Simmons has foiled efforts by Apollo Global Management, which is run by billionaire Leon Black, to stop a controversial debt restructuring in a precedent-setting move that could roil the debt markets. New York State Supreme Court Judge Andrea Masley ruled over the weekend the mattress seller could move forward on a plan to restructure $1.95 billion …

Billionaire Leon Black is going to the mat with America’s largest mattress maker. Black’s Apollo Global Management is suing Serta Simmons over “an unlawful scheme” to lower its $2.4 billion debt stack without the approval of all of its lenders. The alleged scheme, which would give Serta an extra $200 million in cash while also reducing …

Billionaire Leon Black wants to go to the mat with America’s largest mattress maker. Black’s Apollo Global Management — together with investment firms Angelo Gordon and Gamut Capital — is gearing up to sue Serta Simmons over its efforts to lower its $2.4 billion debt stack through a refinancing because it never agreed to the …