Atlas Air Worldwide Shareholders Approve Proposed Acquisition

Atlas Air Worldwide shareholders approved the proposed acquisition by an investor group led by Apollo Global Management, J.F. Lehman & Co. and Hill City Capital.

• About 99.3% of votes cast were in favor of the merger agreement
• Company expects to complete the transaction in 1Q 2023

NOTE

• Atlas Air Worldwide Holdings Inc. shares were little changed in postmarket trading as of 4:16 p.m. New York time
  • The average 12-month price target of $95.67 is 5.0% below the current price
  • 5 holds, 2 buys, 0 sells
• Apollo Global Management Inc. shares were little changed in postmarket trading as of 4:16 p.m. ...