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NEW YORK CITY-Apollo Global Management is selling its remaining shares in Realogy Holdings Corp. as the burgeoning residential real estate recovery spikes the value of the Parsippany, NJ-based brokerage firm.

In a statement released by Realogy on Tuesday, Apollo and its affiliated funds have agreed to sell approximately 25 million shares of Realogy common stock in a secondary public offering. Apollo acquired Realogy back in 2007 for $6.8 billion.

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