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New Capital

Expedia Group Raising New Capital

Apollo and Silver Lake to anchor the financing Expedia Group, Inc. announced that it is raising approximately $3.2 billion of new capital, consisting of a $1.2 billion private placement of perpetual preferred stock and approximately $2 billion in new debt financing.  These efforts are part of a comprehensive strategy to enhance Expedia Group's financial flexibility and strengthen its liquidity position.  Investment funds managed by affiliates of Apollo Global Management, Inc. and Silver Lake, two of the world's leading…