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0.00079172056921086 0.00257956015523947 0.0067270375161709 0.00253298835705052 0.011125485122898 -0.00413971539456654 0.00595084087968962 0.00595084087968962
Stock impact report

Expedia Raises $3.2 Billion in Coronavirus Lifeline [The Motley Fool]

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: The Motley Fool
In anannouncement ThursdayExpedia(NASDAQ:EXPEThe $. billion in fresh capital will consist of a $. billion investment by private equity firms Apollo Global Management and Silver Lake and $ billion in new debt financing. The two PE firms will get non-voting, non-convertible preferred stock and seats on the board.IMAGE SOURCE: GETTY IMAGES.Expedia is also suspending its dividend until business improves. In addition, its chairman, CEO, and board members will forgo cash compensation for the rest of 00. Senior executives will see a % reduction in their salary. Thetech stock"We have one mandate – to conserve cash, survive, and use this time to reconstruct a stronger enterprise to serve the future of travel," Barry Diller, chairman of Expedia said in a press release. "We are unable to make any predictions as to when travel will rebound but we emphatically believe that it will, for....'if there's life, there's travel.'" With travel coming to a halt as millions of people shelter in place around Show less Read more
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