Company: APO
Filing Date: 2025-05-12
Form Type: S-4/A
Source: 0001193125-25-117912
Chunk: 93

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-12
Form: S-4/A
Chunk 93
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 requested to be kept informed as the discussions and documentation progressed. Representatives of Cravath provided the special committee with updates on the review of
Paul, Weiss’ markup of the draft merger agreement, noting that Cravath and Latham had been working closely together on the review and negotiation of the draft merger agreement and were involved in all discussions with Bridge’s senior
management on the topic, and highlighting (a) the removal of the majority of the minority approval condition, (b) the requirement for certain significant stockholders of Bridge (who were yet to be identified) to enter into voting
agreements with Apollo and (c) the inclusion of closing conditions relating to client consents and key individuals.

During the last
two weeks of January, representatives from Bridge and Apollo had a number of in-person commercial diligence meetings to discuss, among other matters, Bridge’s investment processes and structure, and
Apollo’s real estate platform.

On January 24, 2025, representatives of Paul, Weiss sent a draft voting and support agreement to
representatives of Latham and Cravath, which provided, among other matters, that certain stockholders (who were yet to be identified), would agree to vote their shares in favor of the mergers.

On January 26, 2025, representatives of Latham and Cravath sent a revised draft merger agreement to representatives of Paul, Weiss. The
revised draft included a termination fee equal to 2% of Bridge’s equity value proposed by the special committee and fewer closing conditions, including removing the inclusion of a client consent condition, and
re-inclusion of the majority of the minority approval condition.

On January 27, 2025, Bridge
and Apollo agreed to extend the exclusivity period set forth in the original exclusivity agreement for an additional 15 days following January 27, 2025, through February 11, 2025, as had been previously discussed with and approved by the
special committee.

On January 28, 2025, representatives of Latham and Cravath sent a revised draft voting and support agreement to
representatives of Paul, Weiss.

On January 30, 2025, the special committee held a meeting with representatives of Cravath and
Lazard. Representatives of Cravath discussed with the special committee the key issues included in the merger agreement

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issues list from Paul, Weiss, including (a) the majority of the minority approval condition, (b) the closing condition relating to client consents and