Apollo Global Management

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Suit: Billionaire Raped Me at Epstein's Mansion

Cheri Pierson sues Apollo Global Management co-founder Leon Black, Epstein's estate

(Newser) - A woman claims billionaire Leon Black raped her in a "brutal attack" at the Manhattan home of Jeffrey Epstein. In a lawsuit filed Monday, Cheri Pierson says she was "in desperate need of money" when she agreed to massage the co-founder and former CEO of Apollo Global Management...

Apollo CEO Retiring Over $158M in Epstein Payments

Leon Black viewed late sex offender as 'confirmed bachelor with eclectic tastes,' review found

(Newser) - Over a five-year period that ended in 2017, Apollo Global Management CEO and co-founder Leon Black forked over $158 million to Jeffrey Epstein, long after Epstein had pleaded guilty in 2008 to a prostitution charge in Florida that involved a teen girl. That revelation came out recently as part of...

Kushner Met With Finance Execs. Then Came 2 Big Loans

Kushner Companies, Citigroup, Apollo deny wrongdoing: NYT

(Newser) - Another report calling into question Jared Kushner's business ties is in the news. The New York Times reports that Kushner's family business received two big loans from bankers after they met with Kushner at the White House. The first, a $325 million loan to Kushner Companies and a...

New Maker of Twinkies Ditches Unions

They're confident they can find non-union workers in hard-hit towns: WSJ

(Newser) - HoHos, Ding Dongs, and, yes, Twinkies are coming back—without the union workers that once produced them. The reborn Hostess Brands LLC intends to cut ties with the Teamsters and the bakers' union, the CEO of Metropoulos & Co., which bought the bankrupt company along with Apollo Global Management, tells...

Twinkies Should Return to Shelves by Summer

Hostess set to accept $410M offer for its cake brands

(Newser) - Looks like Twinkies have a new owner—and if all goes according to plan, the classic snack could be back in stores within months. Hostess has canceled today's auction for its brands and facilities and will sell them to Apollo Global Management and Metropoulos & Co., investment firms that...

Twinkies' $400M Savior Is Near
 Twinkies' $400M Savior Is Near 

Twinkies' $400M Savior Is Near

Two private equity firms, including owner of Pabst Blue Ribbon, close to deal

(Newser) - Goodbye Hostess Twinkies, hello ... Apollo Twinkies? Or maybe PBR Twinkies? The Wall Street Journal reports that two private-equity companies—Apollo Global Management and C. Dean Metropoulos—are close to a deal worth more than $400 million to buy the brand from bankrupt Hostess. The bid would serve as the one...

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