Bridge Investment Group (BRDG) stock rocketed higher today after Apollo Global Management (APO) announced it will spend roughly $1.5 billion to

Alternative asset manager Apollo Global Management will buy real estate firm Bridge Investment Group for about $1.5 billion in an all-stock deal, the companies said on Monday. After closing of the deal,

Apollo Global Management purchased Bridge Investment Group, a firm with $50 billion in assets, in a $1.5 billion all-stock transaction.