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Atlas Air expects to consummate Apollo merger on or about March 17

In a regulatory filing, Atlas Air (AAWW) stated: As previously disclosed, on August 4, 2022, Atlas Air Worldwide Holdings entered into an Agreement and Plan of Merger with Rand Parent, LLC, a Delaware limited liability company affiliated with certain funds managed by affiliates of Apollo Global Management, Inc., J.F. Lehman & Company, LLC and Hill City Capital LP, and Rand Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent, which provides for the merger of MergerCo with and into the Company with the Company continuing as the surviving corporation and a wholly owned subsidiary of Parent. As of March 14, 2023, all regulatory conditions to closing set forth in the Merger Agreement were satisfied. Subject to the satisfaction or waiver of the remaining closing conditions, the Company expects to consummate the Merger on or about March 17, 2023."

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