Previous close | 17.65 |
Open | 17.65 |
Bid | 19.00 |
Ask | 19.60 |
Strike | 115.00 |
Expiry date | 2026-01-16 |
Day's range | 17.65 - 17.65 |
Contract range | N/A |
Volume | |
Open interest | 11 |
(Bloomberg) -- The $26 billion offer from Apollo Global Management Inc. and Sony Group Corp. this week threw a wrench in talks between Paramount Global and film producer David Ellison.Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick WallXi Begins Europe Tour in Paris as Macron Seeks to
Paramount Global will end its exclusive negotiations with Skydance Media without reaching a deal, the New York Times reported on Friday, citing people familiar with the matter. Shares of the media giant rose 3% in extended trading. A special committee of Paramount's board, which was established to evaluate the media company's options, spent months negotiating with Skydance and its partners, Redbird Capital and KKR.
Paramount's 30-day window to negotiate exclusively with Skydance is closing without a deal and Sony is waiting around the hoop. What's next?