What Are They Thinking? Apollo’s Acquisition of Digital First Media

Apollo Global Management has almost won its two-horse race with Cerberus Capital Management to acquire Digital First Media’s 75 daily newspapers and more than 100 non-dailies, or as DFM likes to put it “800 multi-platform products reach 64 million Americans each month across 14 states.” The two ...

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Cerberus, Apollo Bidding for Digital First Media

First published at Capital New York   After one cost-cutting private equity company has spent close to half a decade wielding the knife at Digital First Media, how many new “efficiencies” might a second P.E. buyer find? That’s the question we may soon see answered, as the sale of Digital ...

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