Sony Pictures Entertainment Inc. and Apollo Global Management, Inc. (NYSE:APO) are discussing making a joint bid for Paramount Global (NasdaqGS:PARA), according to a person familiar with the matter. The companies have yet to approach Paramount, which is in exclusive deal talks with Skydance Media, an independent studio led by David Ellison, though some investors have urged Paramount to explore other options. The competing bid, which is still being structured, would offer cash for all outstanding Paramount shares and take the company private, the source said.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
124 USD | +1.22% | +6.27% | +33.06% |
07-16 | US Silica Holdings' Shareholders Approve Buyout by Apollo Global Management Funds | MT |
07-16 | Apollo Global Management Funds to Acquire The Travel Corp.'s Major Brands | MT |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
15,100 JPY | -0.23% | +3.39% | 117B | ||
124 USD | +1.22% | +6.27% | 69.7B | ||
11.95 USD | +3.20% | +3.64% | 8.13B | ||
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+33.06% | 69.7B | |
+3.96% | 122B | |
+6.93% | 100B | |
+21.90% | 71.5B | |
+24.92% | 48.49B | |
+12.96% | 44.28B | |
+26.44% | 38.4B | |
+12.13% | 26.51B | |
+9.50% | 23.78B | |
+10.42% | 20.18B |
- Stock Market
- Equities
- APO Stock
- News Apollo Global Management, Inc.
- Sony, Apollo Reportedly Discuss Joint Bid for Paramount