Paramount
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.
Netflix, Tesla, Amex, P&G fall premarket; Paramount Global gains
Investing.com — U.S. futures 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.
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.