Investigation into Potential Securities Law Violations: Bridge Investment Group Holdings Inc. and Apollo
New York, February 24, 2025 – Rowley Law PLLC, a leading securities law firm, has announced that it is investigating potential securities law violations by Bridge Investment Group Holdings Inc. (BRDG) and its board of directors regarding the proposed acquisition of the company by Apollo Global Management Inc. (APO).
Background of the Proposed Acquisition
On February 22, 2025, Bridge Investment Group Holdings Inc. and Apollo Global Management Inc. announced that they had entered into a definitive agreement for Apollo to acquire Bridge Investment in an all-stock transaction. Under the terms of the agreement, Bridge Investment Group stockholders will receive 0.07081 shares of Apollo common stock for each share of Bridge Investment stock that they hold.
Investigation Details
Rowley Law PLLC is investigating whether Bridge Investment’s board of directors acted in the best interests of Bridge Investment stockholders in agreeing to the proposed acquisition. Specifically, the firm is looking into whether the acquisition price fairly values Bridge Investment’s stock, and whether the Bridge Investment board adequately shopped the company before agreeing to the deal with Apollo.
Impact on Bridge Investment Stockholders
If it is determined that Bridge Investment’s board of directors violated securities laws in connection with the proposed acquisition, Bridge Investment stockholders may be able to recover damages. These damages could include the difference between the price they paid for Bridge Investment stock and the price they would have received if the market had properly valued the stock at the time of the acquisition.
Impact on the World
The investigation into Bridge Investment’s acquisition by Apollo could have broader implications for the business world. If it is found that Bridge Investment’s board of directors violated securities laws, it could lead to increased scrutiny of similar deals in the future. This could potentially result in more stringent regulations and higher standards for corporate acquisitions.
Conclusion
The investigation into potential securities law violations by Bridge Investment Group Holdings Inc. and its board of directors regarding the proposed acquisition by Apollo Global Management Inc. is ongoing. If it is determined that securities laws were violated, Bridge Investment stockholders may be able to recover damages. Additionally, the outcome of this investigation could have wider implications for the business world, potentially leading to increased regulations and higher standards for corporate acquisitions.
- Bridge Investment Group Holdings Inc. is being investigated for potential securities law violations regarding its acquisition by Apollo Global Management Inc.
- Rowley Law PLLC is leading the investigation.
- Under the terms of the acquisition, Bridge Investment stockholders will receive 0.07081 shares of Apollo common stock for each share of Bridge Investment stock they hold.
- The investigation is looking into whether Bridge Investment’s board of directors acted in the best interests of stockholders.
- If securities laws were violated, Bridge Investment stockholders may be able to recover damages.
- The outcome of the investigation could lead to increased regulations and higher standards for corporate acquisitions.
