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Largest Realogy investor, Apollo Global, sees profits jump by over 100 percent

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Private equity firm Apollo Global Management, the largest single investor in brokerage owner Realogy, said its profits jumped by more than 100 percent in the fourth quarter of 2012 thanks in part to a boom in the real estate market towards the end of the year, Bloomberg News reported. The company saw its net income after tax rise to $655.8 million, or $1.69 a share, for the quarter. In the fourth quarter of 2011, that [more]

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