Source says Apollo has ‘no pending deal’ talks with Virtu, FBN’s Gasparino says

Charles Gasparino of Fox Business Network tweeted: “BREAKING: A person with direct knowledge of @apolloglobal’s intentions says there is “no pending deal, no due diligence” discussions with @VirtuFinancial for a possible takeover. Apollo’s so-called credit business (as opposed to its private equity buyout arm) is looking to build out its credit desk, which could involve market making. And it is speaking with various companies about how to do that. In this biz you never say never, BUT there are no deal discussions taking place between Apollo and Virtu”