Apollo Management (NASDAQ:AINV) intends to submit a joint bid for CKX

The new object of attention

In brief: Apollo Management is preparing for a decisive step

U.S. investment firm Apollo Management intends to submit a joint bid with one of the parties interested in buying the company CKX, which owns the rights to show “American Idol”.

It is reported that representatives of Apollo Management have met with two potential partners – the CEO of Mosaic Media Group (Allen Shapiro) and former CEO of CKX.

Ukrainian Globalist
2010-10-05 21:01, Economics.

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