Private equity firm Apollo Global Management LLC lowered the expected range for the price of its initial public offering and delayed its filing as a nuclear crisis in Japan and democracy protests in the Middle East rocked markets. Apollo [APOLO.UL] filed on Monday with U.S. regulators to sell 26.3 million shares for $17 to $19 each. Sources previously told Reuters the company planned to sell the stock at $18 to $20. The filing to sell shares at that price range was expected last Tuesday, the sources said. But last week, Apollo delayed its $500 million IPO, days after the devastating earthquake in Japan, which rattled U.S. stock markets and raised concerns volatility could also hurt demand for new issues. [ID:nN15243122]
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