Onex Corporation, 93% Shareholder, Formally Supports Apollo Acquisition of Emerald Holding

summarizeSummary

Onex Corporation, Emerald Holding's majority shareholder, has formally committed to supporting the company's acquisition by Apollo Funds, ensuring the take-private transaction proceeds.

check_boxKey Events

• Majority Shareholder Support for Merger

  Onex Corporation, holding 93% of Emerald Holding's common stock, has formally agreed to support the merger with Apollo Funds through a Support Agreement.

• Merger Approved by Written Consent

  The reporting persons, led by Onex, adopted the Merger Agreement and approved the transactions by written consent on May 9, 2026, effectively securing shareholder approval.

• Confirms Take-Private Transaction

  This filing solidifies the previously announced acquisition of Emerald Holding by affiliates of Apollo Global Management, Inc., taking the company private.

auto_awesomeAnalysis

This Schedule 13D/A confirms that Onex Corporation, the controlling shareholder with a 93% stake, has formally entered into a Support Agreement and provided written consent for the previously announced acquisition of Emerald Holding by Apollo Funds. This action effectively guarantees shareholder approval for the take-private transaction, removing a significant hurdle and solidifying the deal's completion.