Sony Pictures Entertainment Inc. and private-equity firm Apollo Global Management, Inc. (NYSE:APO) have submitted an all-cash $26 billion offer for Paramount Global (NasdaqGS:PARA), the latest twist in one of the messiest deal dramas in recent memory. Apollo and Sony on May 1, 2024 submitted the offer letter, which was signed by Sony Pictures Chief Executive Tony Vinciquerra and Aaron Sobel, a partner at Apollo, according to people familiar with the situation. The offer is a starting point for discussions and is nonbinding.
End-of-day quote
Other stock markets
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5-day change | 1st Jan Change | ||
113 USD | -2.85% | -3.25% | +21.23% |
Jun. 06 | Private equity deal drought overshadows annual meet up for second year | RE |
Jun. 05 | S&P 500, Nasdaq hit record highs as markets digest economic data | RE |
Stocks mentioned in the article
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5d. change
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Capi.
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113 USD | -2.85% | -3.25% | 64.28B | ||
11.97 USD | -0.91% | +1.27% | 8.37B | ||
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
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+21.23% | 64.28B | |
-4.10% | 116B | |
+8.43% | 102B | |
+8.86% | 65.5B | |
+15.10% | 44.8B | |
+12.03% | 42.26B | |
+20.49% | 36.4B | |
+7.93% | 25.95B | |
-3.82% | 22.44B | |
+0.89% | 18.61B |
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