Tag: Paramount

Paramount jumps on report of Sony Pictures, Apollo discussing joint buyout bid

 stock analyst  04/19/2024  0 Comments on Paramount jumps on report of Sony Pictures, Apollo discussing joint buyout bid

(Reuters) -Shares of Paramount Global rose more than 10% on Friday, after Reuters reported Sony (NYSE:SONY) Pictures Entertainment and Apollo Global Management (NYSE:APO) were discussing a joint bid to acquire the media company.

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Sony/Apollo bid for Paramount could be worth as much as $29 billion – Source

 stock analyst  04/19/2024  0 Comments on Sony/Apollo bid for Paramount could be worth as much as $29 billion – Source

Investing.com — The blockbuster sale of legendary Paramount Global (NASDAQ:PARA) to David Ellison\’s Skydance Media may be at significant risk of falling short as Sony (NYSE:SONY) and Apollo Global Management (NYSE:APO) prepare to make \”a significantly better offer that will benefit all shareholders of the company,\” an insider told Investing.com exclusively this morning.

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Midday movers: Netflix, Super Micro fall; Paramount Global gains

 stock analyst  04/19/2024  0 Comments on Midday movers: Netflix, Super Micro fall; Paramount Global gains

(Updated – April 19, 2024 11:43 AM EDT)Investing.com — Main U.S. indexes traded lower Friday, hit by falling risk appetite as tensions in the Middle East escalate in the wake of Israel’s reported strike on Iran.

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Sony, Apollo discuss joint bid for Paramount, says source

 stock analyst  04/19/2024  0 Comments on Sony, Apollo discuss joint bid for Paramount, says source

By Dawn Chmielewski

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Paramount stock surges on report Sony, Apollo are considering joint bid

 stock analyst  04/19/2024  0 Comments on Paramount stock surges on report Sony, Apollo are considering joint bid

Shares of Paramount Global (PARA) jumped 9% in premarket trading Friday on reports that Sony Pictures Entertainment and Apollo Global Management are considering a joint bid for the mass media and entertainment conglomerate.

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Hedge fund Barington urges Paramount to scrap talks with Skydance

 stock analyst  04/13/2024  0 Comments on Hedge fund Barington urges Paramount to scrap talks with Skydance

By Svea Herbst-Bayliss and Dawn Chmielewski

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