Apollo Floats Merger Of 'American Idol,' 'Big Brother' Makers

Law360, New York (October 5, 2012, 8:43 PM EDT) -- Apollo Global Management LLC has proposed a merger between “American Idol” owner Core Media Inc., which the private equity firm owns, and Endemol, the Dutch television production company behind hits like “Big Brother” and “Deal or No Deal," according to a Friday news report.

Apollo will own about 30 percent of Endemol following the completion of the company's debt restructuring, and the firm could end up with control of the merged company if the deal — which is still in its early stages —  goes through,...
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