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EasyJet Stock Soars on $7.7 Billion Takeover Bid from Apollo Global Management
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- EasyJet's stock surged over 13% Friday following a $7.7 billion takeover bid from Apollo Global Management.
- The cash offer values the budget carrier at £5.7 billion ($7.66 billion), with an alternative option for shareholders to retain voting rights.
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EasyJet's stock surged over 13% Friday following a $7.7 billion takeover bid from Apollo Global Management. The cash offer values the budget carrier at £5.7 billion ($7.66 billion), with an alternative option for shareholders to retain voting rights.
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This article was originally published by CNBC.
