AcquisitionsJul 14, 2026, 04:42 PM
Emerald Holding Acquired by Apollo Funds; Delisted from NYSE
AI Summary
Apollo-managed funds have completed the acquisition of Emerald Holding, Inc. for $5.03 per share in cash. As a result, Emerald's common stock has been delisted from the New York Stock Exchange, and the company intends to terminate its SEC registration. This acquisition, combined with the simultaneous acquisition of Questex, creates a new scaled B2B experiential events and media platform, with Paul Miller appointed as CEO and a new executive leadership team in place. All outstanding obligations under Emerald's credit agreements and registration rights agreements were terminated.
Key Highlights
- Apollo-managed funds completed the acquisition of Emerald Holding, Inc. on July 14, 2026.
- Emerald stockholders received $5.03 per share in cash for their common stock.
- Emerald's common stock ceased trading and was delisted from the New York Stock Exchange.
- The company terminated its Registration Rights Agreements and the Existing Credit Agreement, paying off all outstanding obligations.
- Emerald and Questex will be integrated to create a scaled B2B experiential events and media platform.
- Paul Miller was named CEO of the combined company, with new CFO, COO, CCO, CTO, and CLO appointments.
Price Impact
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