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Apollo Global Management LLC Acquires Management Services Business From Pitney Bowes Inc

Tuesday, 30 Jul 2013 07:04am EDT 

Apollo Global Management LLC and Pitney Bowes Inc announced a definitive agreement under which Apollo will acquire Pitney Bowes Management Services for approximately $400 million in cash. The transaction, which is subject to customary closing conditions, is expected to close in the fourth quarter of 2013. Until then, Pitney Bowes will continue to operate PBMS. 

Company Quote

0.36 +1.52%
21 Nov 2014