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APO Jul 2024 65.000 put
| Previous close | 0.0100 |
| Open | 0.1000 |
| Bid | 0.0000 |
| Ask | 1.4500 |
| Strike | 65.00 |
| Expiry date | 2024-07-19 |
| Day's range | 0.0100 - 0.1000 |
| Contract range | N/A |
| Volume | |
| Open interest | 6 |
- 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.
Barrons.comParamount Gets a $26 Billion Offer from Sony, Apollo: Reports
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. Representatives from Sony Pictures, Apollo, and Paramount couldn’t immediately be reached.
Associated Press FinanceSony Pictures and private equity firm interested in buying Paramount for $26 billion, AP source says
The Sony-Apollo offer was first reported by The Wall Street Journal. The Journal reported previously that Apollo had made an offer to buy Paramount on its own but Paramount's board had concerns about the bid, including whether it could arrange financing for a deal.
