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Deals Rumor Mill: Apollo Global, Nissan, Valeant

By Benjamin Horney (August 5, 2016, 5:10 PM EDT) -- Apollo Global Management LLC is in talks to buy cloud services company Rackspace Hosting Inc., Reuters reported on Friday, as part of the private equity giant's plan to bolster its portfolio of technology companies. According to the report, Apollo could pay upwards of $3.5 billion for Rackspace, which is working with Morgan Stanley to explore strategic alternatives including a potential sale....

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