{"id":106,"date":"2024-06-14T20:00:19","date_gmt":"2024-06-14T17:00:19","guid":{"rendered":"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/14\/apollo-global-management-prepares-to-divest-playags-holdings\/"},"modified":"2024-06-17T13:21:23","modified_gmt":"2024-06-17T10:21:23","slug":"apollo-global-management-prepares-to-divest-playags-holdings","status":"publish","type":"post","link":"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/14\/apollo-global-management-prepares-to-divest-playags-holdings\/","title":{"rendered":"Apollo Global Management Prepares to Divest PlayAGS Holdings"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/9AUAqoTAlK8\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Apollo Global Management Affiliates to Offload PlayAGS Holdings<\/p>\n<p>Confirmation has been received that entities connected to Apollo Global Management are preparing to divest their entire holding of 8,208,076 shares in PlayAGS. The shares are slated to be made available on the public market.  In essence, Apollo is liquidating its position, offering its shares for a symbolic $0.01 per share.<\/p>\n<p>It is noteworthy that PlayAGS itself is not participating in the sale of any shares and will not benefit financially from this transaction. This action implies that PlayAGS might be receptive to exploring fresh investment prospects in the foreseeable future.<\/p>\n<p>J.P. Morgan and B. Riley Securities have been appointed as the offering&#8217;s underwriters, tasked with facilitating connections between prospective investors and the available shares. The sale will be executed through a variety of avenues, including direct sales facilitated by agents and brokers, transactions conducted on the New York Stock Exchange, and privately negotiated agreements.<\/p>\n<p>The shares will be offered at a predetermined price or at prevailing market values, with the possibility of some room for negotiation, particularly as the offering unfolds.<\/p>\n<p>This development follows closely on the heels of PlayAGS&#8217;s recently concluded merger discussions with Inspired Entertainment, which were terminated earlier this year. <\/p>\n<p>The agreement collapsed.  Experts are pondering if Apollo could unload its PlayAGS shares, but no one is certain at this time. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apollo Global Management Affiliates to Offload PlayAGS Holdings Confirmation has been received that entities connected&#8230;<\/p>\n","protected":false},"author":86,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Apollo Says Goodbye to PlayAGS: What<\/title>\n<meta name=\"description\" content=\"Apollo Global Management is cashing out its PlayAGS stock for pennies! What does this massive selloff mean for the future of PlayAGS? 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