Apollo Funds to Acquire Emerald for $1.5 Billion
Apollo Funds (APO) entered a merger agreement on May 11, 2026, to acquire Emerald Holding, Inc. (EEX) and Questex, LLC, to combine the two. Deal Structure: Emerald stockholders…
Written byAsif SuriaSource: InsideArbitrage
Apollo Funds (APO) entered a merger agreement on May 11, 2026, to acquire Emerald Holding, Inc. (EEX) and Questex, LLC, to combine the two. Deal Structure: Emerald stockholders will receive $5.03 per share in cash, implying a value of $1.5 billion, representing a premium of 10.07% from the stock’s last close. Company Profile: Emerald is