Onex Corp and Affiliates Enter Merger Agreement to Sell Emerald Holding, Inc. to Apollo-Managed Funds

On May 9, 2026, Onex Corporation and its affiliated reporting persons entered into a definitive merger agreement and support agreement regarding Emerald Holding, Inc. (EEX). Under the terms of the Agreement and Plan of Merger, Emerald Holding will be acquired by Emma Buyer, LLC, an entity owned by funds managed by affiliates of Apollo Global Management, Inc. Following the merger, Emerald Holding will survive as a wholly-owned subsidiary of the Parent. The reporting persons, who collectively hold approximately 93% of the outstanding common stock (184,049,617 shares), have entered into a Support Agreement. Pursuant to this agreement, they have already delivered a written consent adopting the merger agreement and approving the transaction. The reporting persons have agreed to vote their shares in favor of the merger and against any alternative acquisition proposals. This filing also notes that Mr. Gerald W. Schwartz no longer shares beneficial ownership of the shares held by Onex Corporation, though he retains indirect ownership of approximately 0.2% of the class.