Apollo Funds close $5.03/share acquisition of Emerald Holding; stock delisted
Summary
Apollo Funds completed their acquisition of Emerald Holding on July 14, 2026, at $5.03 per share. The stock has been delisted and trading suspended. Paul Miller is now CEO of the combined company.
Key Events · M&A and Partnerships · EEX
-
Merger Closed
On July 14, 2026, Apollo Funds completed the acquisition of Emerald Holding at $5.03 per share in cash, making Emerald a wholly-owned subsidiary.
-
Stock Delisted
Trading in Emerald common stock ceased and it was delisted from the NYSE; stockholders will receive $5.03 per share.
-
Leadership Changes
All prior directors departed, and Paul Miller was appointed CEO of the combined Emerald-Questex company, alongside a new executive team that includes Vince DiMaggio as CFO.
-
Agreements Terminated
Registration rights agreements and the existing credit agreement were terminated, with all outstanding obligations paid off.
Analysis · EEX · Trade & Services
The acquisition of Emerald Holding by Apollo Funds closed on July 14, 2026, at $5.03 per share in cash, finalizing the going-private transaction announced in May. Emerald is now a wholly-owned subsidiary, its stock has been delisted from the NYSE, and trading has been suspended. All prior directors have departed, and Paul Miller has taken over as CEO of the combined Emerald-Questex entity. The filing also confirms the termination of Emerald's credit agreement and registration rights agreements, and names the new executive leadership team. For remaining public shareholders, this marks the end of trading and the receipt of merger consideration.
At the time of this filing, EEX was trading at $5.04 on NYSE in the Trade & Services sector, with a market capitalization of approximately $997.5M. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.