Apollo's 20%+ spread looks enticing

Published: March 29, 2016, 10:32 p.m.

b'Rangeley Capital's Portfolio Managers, Chris DeMuth and Andrew Walker, dive into the Apollo Global (APOL) buyout agreement and why it's trading at a 20%+ spread to its deal price. Later, they talk about Thermo Fisher (TMO) averting a bidding war for Affymetrix (AFFX).'