APO Jan 2025 47.500 call
- Yahoo Finance Video
Paramount pops on reports of Apollo, Sony $26B takeover bid
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.
- Simply Wall St.
Apollo Global Management First Quarter 2024 Earnings: EPS: US$2.39 (vs US$1.67 in 1Q 2023)
Apollo Global Management ( NYSE:APO ) First Quarter 2024 Results Key Financial Results Revenue: US$6.99b (up 33% from...
- Reuters
Sony and Apollo propose $26 billion Paramount offer, WSJ reports
The companies submitted a non-binding offer letter on Wednesday, signed by Sony Pictures Chief Executive Tony Vinciquerra and Apollo partner Aaron Sobel, the WSJ said, citing people familiar with the matter. Apollo did not immediately respond to requests for comment from Reuters, which reported in April that Sony's SPE and Apollo were in talks on a joint bid.
