Realogy Holdings (RLGY) - the owner of brokers such as Coldwell Banker and Century 21 - opens at...

|About: Realogy Holdings (RLGY)|By:, SA News Editor

Realogy Holdings (RLGY) - the owner of brokers such as Coldwell Banker and Century 21 - opens at $32.85, 21% higher than the IPO price of $27. At $32.85, Apollo Global's (APO) 50.2% stake is valued at over $2B, about double what it paid when it bought the company near the top in 2006 - a pretty nice trick for Leon Black's shop.