Previous close | 56.25 |
Open | 55.50 |
Bid | 48.50 |
Ask | 53.20 |
Strike | 60.00 |
Expiry date | 2025-01-17 |
Day's range | 55.50 - 56.25 |
Contract range | N/A |
Volume | |
Open interest | 52 |
Sony (SONY) and Apollo Global (APO) have taken a step forward in their efforts to court Paramount (PARA, PARAA), as the two groups have signed non-disclosure agreements with the media giant, according to a report from The New York Times. Yahoo FInance's Seana Smith and Brad Smith break down the latest move and what it could mean for Paramount's future. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl Editor's note: Apollo Global Management is the parent company of Yahoo.
The companies are, however, backing away from an initial plan to make an all-cash $26 billion offer for Paramount, the newspaper said. Reuters reported this month that Paramount was in talks to open its books to a consortium of the Sony movie unit and the U.S. buyout firm. CNBC later reported that Sony was rethinking its bid, sending Paramount's shares tumbling and helping the Japanese firm's shares surge after upbeat earnings.
NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (the “Issuer” and, together with its consolidated subsidiaries, “Apollo”) today announced that it has priced an offering of $750 million aggregate principal amount of its 5.800% Senior Notes due 2054 (the “notes”). The notes will be fully and unconditionally guaranteed by Apollo Asset Management, Inc., Apollo Principal Holdings I, L.P., Apollo Principal Holdings II, L.P., Apollo Principal Holdings III, L.P., Ap