Funds managed by Apollo Global Management, Inc. (NYSE:APO) have entered into definitive agreement to acquire The Travel Corporation from a family on July 16, 2024. The transaction is subject to satisfaction of certain closing conditions, including regulatory approvals, and is expected to close in the fourth quarter of 2024. Sidley Austin LLP is serving as legal counsel to the Apollo Funds.

Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel to TTC; Zaoui & Co served as TTC?s financial advisor.