According to a Forbes news item, "Buyout firm Apollo Management is set to purchase US real-estate services firm Realogy Corp for 6.6 bln USD, the Wall Street Journal reported, citing company officials. The holding company for such operations as Coldwell Banker, Century 21 and the Corcoran Group..."
Ref: WSJ - Apollo Is Poised to Acquire Realogy (12/18)
Realogy is, of course, the real estate split-off from Cendant Corporation. It is headquartered in Parsippany, NJ. It owns Coldwell Banker, Century 21, ERA, Sotheby's, Corcoran, NRT, Cartus and Title Research Group. Here is their press release:
Realogy Announces Agreement To Be Acquired By Apollo Management In $9.0 Billion All-Cash Transaction
Apollo Management L.P. is a private equity firm founded in 1990 by Leon Black (Apollo Advisors, L.P.). It is based in New York with offices in Los Angeles and London
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