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Apollo Global Management Closes In On Deal To Acquire Fresh Market

March 13, 2016: 12:00 AM EST
Apollo Global Management is close to completing a deal to acquire specialty grocery retailer Fresh Market. Expected to be worth more than $1.3 billion, the deal would highlight Apollo Global Management’s confidence in its ability to turn around companies in the highly competitive grocery market in the United States. Apollo Global Management’s cash offer of $28.50 per share helped it win in an auction for the retailer.
"Apollo Global Nears Deal to Acquire Fresh Market", Fortune, March 13, 2016, © Time Inc.
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