Flash Fact: GlobeNewswire Is Owned By Apollo Global Management

The Solow building; headquarters of Apollo Global Management

GlobeNewswire, used by millions of investors, is one of the most popular business news wires in the world.

It was owned by Nasdaq Inc. until it was purchased by West Corporation in 2018, a subsidiary of Apollo Global Management, for $335 million.

Below is a snapshot of Apollo’s largest shareholders

As of December 2018, they had 280 billion in AUM

Here is a snapshot of their private equity holdings

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