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- Between 2005 and 2007, the private-equity market was booming, with new “largest buyout” records set and surpassed several times in an 18-month window.[49] Although Apollo was involved in a number of notable and large buyouts, the firm avoided the very largest transactions during the time. Among Apollo’s most notable investments during this period were Harrah’s Entertainment, a gaming and casino company; Norwegian Cruise Line, a cruise line operator; Claire’s Stores, a retailer of costume jewelry; and Realogy, a real-estate franchisor.[50] - Source: Internet
- In March 2007, Apollo announced the $3.1 billion leveraged buyouts of costume jewelry retailer Claire’s Stores. In 2008, Claire’s experienced financial difficulty amid the slump in consumer spending.[67][68] - Source: Internet
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