Apollo Global Management, Inc. (APO) entered a merger agreement on February 24, 2025, to acquire real estate investment firm Bridge Investment Group Holdings Inc. (BRDG) in an all-stock deal valued at $1.5 billion.
Under the terms of the agreement, Bridge stockholders and Bridge OpCo unitholders will receive 0.07081 shares of Apollo stock for each share of Bridge Class A common stock and each Bridge OpCo Class A common unit, respectively.