Wall Street Journal | 4.21.2020
With over $2.5 trillion of unused funds and faced with volatile market conditions, private equity firms are putting their money to work by providing lifelines for public companies. Apollo Global Management and Silver Lake Partners are in talks of investing $1 billion or more into Expedia, one of many companies in the travel industry experiencing detrimental business disruptions and in need of cash to survive through the crisis. Read more here.