Shares of private equity firm Apollo Global Management LLC priced at the top of the expected range, at $19 per share, in an initial public offering on Tuesday, an underwriter said. The number of shares to be sold in the IPO is still being worked out, the underwriter said. Apollo and its stockholders had filed with U.S. regulators to sell 26.3 million shares for $17 to $19 each. The shares are expected to begin trading on the New York Stock Exchange on Wednesday under the symbol "APO." APO.N They had been trading on Goldman Sachs Group Inc's (GS.N) private stock exchange under the symbol GSTrUE.
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