By time this secondary is completed, and counting what they sold on the IPO, Apollo will have sold 75% of their shares!!! That is too big a bail out for me, so I'm selling too.
How is that working for you? Today's announcement of more of Apollo's (and others) shares being sold, but also that the company will buy these shares and cancel them, thus resulting in a ~4% accretion to earnings. Sounds shareholder friendly to me.