In the transaction, Living Centers will be recapitalized through a $200 million investment by Apollo Management.

In 2007, the company was acquired by Apollo Management.

Apollo Management was one of the companies that had promised Peapod an investment, but changed its mind.

Cendant has sold businesses to private equity players before; last year it sold its marketing services unit to Apollo Management.

Apollo Management bought the company on June 21, 2011.

It is part of Apollo Management.

Funds that are part of Apollo Management, controlled by Leon Black, managed to sell 40 million shares to public investors for $7.12 each in 2005.

Apollo Management chose a slightly different path, by completing a private placement of shares in its management company in July 2007.

In 2007, Realogy was acquired by Apollo Management, a private equity firm, for $9 billion.

In 2004, Goodman was acquired by Apollo Management, a private equity firm for approximately $1.43 billion.