Previous close | 6.0000 |
Open | 5.7000 |
Bid | 3.5000 |
Ask | 3.8000 |
Strike | 110.00 |
Expiry date | 2024-06-21 |
Day's range | 3.7000 - 5.7000 |
Contract range | N/A |
Volume | |
Open interest | 1.04k |
Shares of Paramount (PARA) experienced a surge in Thursday's trading session after reports that Sony (SONY) and Apollo Global (APO) have submitted a $26 billion all cash takeover offer for the media giant. Yahoo Finance's Alexandra Canal dives into the details of the proposed deal. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith Disclosure: Apollo Global Management is the parent company of Yahoo and Yahoo Finance.
Paramount Global shares jumped more than 13% in afternoon trading after reports that Sony Pictures and Apollo Global Management have made a $26 billion all-cash offer for the media company. An offer letter was signed by Sony Pictures CEO Tony Vinciquerra and Apollo partner Aaron Sobel, The Wall Street Journal reported, citing unnamed people familiar with the situation.
(Bloomberg) -- Sony Group Corp. and Apollo Global Management Inc. made a $26 billion proposal to buy Paramount Global, the media giant that owns CBS and MTV, according to people with knowledge of the matter.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaUS and Saudis Near Defense Pact Meant to Reshape Middle EastTurkey Halts All Trade With Israel Over War in GazaIn Jamie Dimon's America, the Stock