SA: Apollo-led group in advanced talks to buy Atlas Air Worldwide - WSJ

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By LoadstarEditorial

01/08/2022

SEEKING ALPHA reports:

Atlas Air Worldwide (NASDAQ:AAWW) +13.9% in Monday’s trading after The Wall Street Journal reported a group led by Apollo Global Management (NYSE:APO) is in advanced talks to buy the company.

A deal could come soon assuming talks do not fall apart, according to the report, which did not provide any potential deal specifics.

Atlas Air (AAWW) operates the world’s largest fleet of Boeing 747 freighter aircraft…

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Stock up 12% to $84.8 at 2.40pm EST.

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