Judge OKs $3B Deal Handing Aussie TV Co. To 2 PE Firms
The deal, which passes off the broadcaster’s ownership to Apollo Global Management LLC and Oaktree Capital Management, was designed last fall to save the struggling broadcaster from default. After the transaction, Nine will have wiped away its debt load.
In the transaction, New York-headquartered Apollo and Los Angeles’ Oaktree will...
To view the full article, register now.