Atlas Air Worldwide said shareholders voted Tuesday to approve the company’s sale to a group of private investors, led by Apollo Global Management (NYSE: APO).
The provider of aircraft leasing and outsourced air cargo and passenger operating services said shareholder approval for the buyout was “overwhelming,” with 99.3% votes in favor representing 81% of the outstanding shares of stock.
The private equity consortium, which includes J.F. Lehman & Co. and Hill City Capital, agreed to acquire...
https://www.freightwaves.com/news/atlas-air-shareholders-ratify-go-private-sale-to-apollo-consortium