#MoMA replaces Leon Black, calls him ‘outstanding’

#MoMA replaces Leon Black, calls him ‘outstanding’

“#MoMA replaces Leon Black, calls him ‘outstanding’” The Museum of Modern Art on Tuesday praised its outgoing billionaire chair Leon Black, who recently resigned amid controversy over his ties to dead pedophile Jeffrey Epstein. MoMA Director Glenn Lowry in a Tuesday afternoon email to trustees announced the election of Marie-Josée Kravis — the wife of…

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#Robert Kraft resigns from Apollo board amid Epstein controversy

#Robert Kraft resigns from Apollo board amid Epstein controversy

“#Robert Kraft resigns from Apollo board amid Epstein controversy” New England Patriots Owner Robert Kraft has left the board of Apollo Global Management, the private-equity giant that lately has been grappling with controversy over a co-founder’s ties to Jeffrey Epstein. Kraft, who had joined Apollo’s board in 2014, quietly stepped down as a director last…

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#Leon Black accused of sexual harassment

#Leon Black accused of sexual harassment

“#Leon Black accused of sexual harassment” Leon Black’s surprise exit from the helm of Apollo Global Management last month came just days after several directors on the private-equity giant’s board learned of accusations of sexual harassment against him by a woman he claimed was trying to shake him down following a past “consensual affair,” The…

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#Michaels to be acquired by Apollo for .3 billion

#Michaels to be acquired by Apollo for $3.3 billion

“#Michaels to be acquired by Apollo for $3.3 billion” Arts-and-crafts retailer Michaels said it has agreed to be acquired by private equity giant Apollo Global Management in a deal that values the company at $3.3 billion. The going-private transaction values Michaels’ outstanding stock at $22 a share, a 47 percent premium to the closing price…

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