Emerald Holding completed acquisition by Apollo-managed funds for $5.03 per share
Apollo-managed funds completed their acquisitions of Emerald Holding, Inc. and Questex, LLC on July 14, 2026, combining the two B2B experiential events and media businesses. Emerald shareholders received $5.03 per share in cash. Emerald's common stock ceased trading on the New York Stock Exchange effective immediately; the company became a wholly-owned subsidiary of the acquirer and filed for delisting and deregistration.
Key facts
- Merger consideration: $5.03 per share in cash
- Effective date: July 14, 2026
- Paul Miller assumed Chief Executive Officer role of combined company; Hervé Sedky transitioned to senior advisor
- Emerald's existing credit agreement (Second Amended and Restated Credit Agreement dated January 30, 2025) was terminated and all outstanding obligations paid in full
- Registration Rights Agreements dated July 19, 2013 and June 29, 2020 were terminated
- Trading on NYSE suspended prior to opening on July 14, 2026; Form 25 filed for delisting and Form 15 to be filed for deregistration
Why it matters
Emerald is now a wholly-owned subsidiary of Apollo-managed funds; its shareholders received $5.03 per share in cash and the company's public equity ceased to exist, along with the termination of all registration rights agreements and the company's debt facility.
Developing story
- 25-NSE
- 8-Kthis filing
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Derived from 8-K filed 2026-07-14. Not investment advice. View the source filing on SEC.gov →