Atlas Air Worldwide ( NASDAQ: AAWW ) +13.9% in Monday's trading after The Wall Street Journal reported a group led by Apollo Global Management ( NYSE: APO ) is in advanced talks to buy the company .
A deal could come soon assuming talks do not fall apart, according to the report, which did not provide any potential deal specifics.
Three months ago, Atlas Air ( AAWW ) reported better than expected Q1 adjusted earnings of $2.99/share on revenues of more than $1B .
For further details see:
Apollo-led group in advanced talks to buy Atlas Air Worldwide - WSJ