PE Giant Apollo Takes Redbox Operator Private In $1.6B Deal

By Benjamin Horney ( July 25, 2016, 1:49 PM EDT) -- Funds affiliated with Apollo Global Management LLC have agreed to acquire Outerwall Inc. in a deal valued at roughly $1. 6 billion, the companies said on Monday, adding the operator of Redbox movie rental kiosks to the private equity giant's portfolio. . . .

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