On 4/13/2008 5:17 PM stevecruise26not@... plucked Senior Frog's
Magic Twanger and said:
> This may just have something to do with Apollo's planned IPO, to shore
> up the bottom line:
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> Apollo Management Files for Public Offering
> Published on: April 11, 2008 --
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> Apollo Management, the company that owns part or all of several cruise
> lines, is planning an initial public offering. The company plans to
> offer almost 30 million shares, valued at about $417.5 million,
> according to a report by Reuters. Apollo's stock is trading at about
> $14 in a private Goldman Sachs exchange, down from $24 a share last
> August, Reuters reported. The move comes during a credit crunch, which
> has hindered the success of IPOs in recent months. Apollo owns
> Prestige Cruise Holdings, which in turn owns Oceania Cruises and
> Regent Seven Seas. It also owns half of NCL Corp.
>
Has a cruise ship ever been listed on E-bay? 8-)
--
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Brian M. Kochera (Hoping I win the NJ Lotto.)
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