Previous Close | 52.50 |
Open | 52.50 |
Bid | 46.60 |
Ask | 50.10 |
Strike | 60.00 |
Expire Date | 2024-07-19 |
Day's Range | 52.50 - 52.50 |
Contract Range | N/A |
Volume | |
Open Interest | 30 |
(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 Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick WallFrance’s Macron Calls for Reset of Economic Ties With ChinaLamborghini Bros No More: Crypto Is Creating a Ne
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?