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-0.000347262414631446 0.000655940116525894 -0.00050160126557856 -0.000655940116525894 -0.00138904965852534 -0.00405139483736548 -0.00405139483736548 -0.00405139483736548
Stock impact report

Amid Golf Boom, PE Firm KSL Is Set To Buy A Top Course Operator For $2.6 Billion [Yahoo! Finance]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: Yahoo! Finance
Clubs, the largest private golf course owner and operator in North America, according to an email to KSL investors reviewed by Forbes The deal is valued at $2.6 billion and was expected to close in approximately 60 days, according to the email, which was sent on Friday. For Invited, which was previously known as ClubCorp and has 125 clubs in its portfolio, including PGA Tour tournament hosts TPC Craig Ranch in Texas and Firestone Country Club in Ohio, a sale would end nine years of ownership under Apollo Global Management. The massive asset management firm, which took Invited private in 2017 at an enterprise value of $2.2 billion, was believed to have been shopping the company for years. KSL, which specializes in travel and leisure businesses and has $23 billion in assets under management, is familiar with Invited, having owned the company under its former name from 2006 through a 2013 initial public offering. It is expected to merge Invited's portfolio with its own Heritage Gol Show less Read more
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