Company: APO
Filing Date: 2025-04-11
Form Type: S-4
Source: 0001193125-25-079161
Chunk: 75

Company: Apollo Global Management, Inc.
Filing Date: 2025-04-11
Form: S-4
Chunk 75
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including the projections previously approved by the special committee for distribution on April 15, 2024) to potential counterparties that had entered into a confidentiality agreement with Bridge. Lazard
and J.P. Morgan collectively contacted 24 potential interested parties, 14 of which entered (or had previously entered) into confidentiality agreements with Bridge, including Bidder B, Bidder C and Bidder D (each, as defined below), each of
which contained a standstill provision. Of the 14 confidentiality agreements, 7 agreements did not prevent the potential investors from making private requests for amendments or waivers of such standstill restrictions.

Throughout the month of May 2024, Lazard and J.P. Morgan facilitated introductory and diligence calls between Bridge and various
counterparties, including Apollo.

On May 9, 2024, with the prior authorization of the special committee, Mr. Slager and another
member of Bridge’s deal team had a telephone conversation with representatives from Apollo to facilitate due diligence on the performance of certain Bridge funds.

On May 24, 2024, the special committee held a meeting with representatives of Cravath and Lazard. The special committee discussed updates
on interactions with potential counterparties since their prior meeting and the current expectations regarding each potential counterparty’s likelihood of submitting an initial indication of interest by the May 28 deadline. The special
committee discussed the broad range of different transaction structures that might be proposed by the potential counterparties.

On
May 28, 2024, representatives of Apollo submitted a preliminary, non-binding indication of interest to acquire all of the issued and outstanding equity interests in Bridge in a stock-for-stock transaction, with a proposed implied offer price range for the fully diluted equity interests in Bridge of $9.25 to $10.25 per share of Bridge Class A
common stock and based upon an exchange ratio to be agreed at signing (the “May 2024 Proposal”). Also on May 28, 2024, Bridge received (a) a preliminary, non-binding proposal from a
potential

43

financial acquiror (“Bidder B”) to acquire all of the shares of Bridge Class A common stock not owned by Bridge’s executive team, with an implied equity valuation range for
100% of Bridge of $1.16 billion to $1.40 billion and proposed offer price range for shares of Bridge Class A common stock at $8.38 to $10.06 per share, and (b) a preliminary, non-binding
indication