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Apollo Global Management Announces Strategic Transactions

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NEW YORK--(BUSINESS WIRE)--Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries, “Apollo”) today announced that it has agreed to acquire a majority interest in a new company, AR Global Investments, LLC (“AR Global”), that will own a majority of the ongoing asset management business of AR Capital, a leading asset management firm focused on providing income solutions for retail investors. Apollo also announced today that it is acquiring RCS Capital’s (“RCS”) (NYSE

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