PARAA May 2024 15.000 put
| Previous Close | 1.1000 |
| Open | 1.1000 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 15.00 |
| Expire Date | 2024-05-17 |
| Day's Range | 1.1000 - 1.1000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 1 |
- Yahoo Finance Video
Sony and Apollo confirm $26B proposed bid in Paramount talks
Paramount Global (PARA) shares are flying higher in Friday morning's trading session — skyrocketing by nearly 14% in the last five trading days — after reports confirmed that Sony (SONY) and Apollo Global Management (APO) are pursuing an acquisition of the media giant. The proposed deal, valued at $26 billion in an all-cash bid, has Sony set to assume the role of the majority shareholder and Apollo taking a minority stake. Yahoo Finance Entertainment Reporter Alexandra Canal breaks down the details, providing insights into the state of Skydance Media's own talks with Paramount. Disclosure: Apollo Global Management is the parent company of Yahoo and Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Yahoo FinanceParamount has spent a decade as the source of buyout rumors. That might finally come to an end.
Paramount's exclusivity window with Skydance expires on Friday.
ZacksPARA vs. DIS: Which Stock Is the Better Value Option?
PARA vs. DIS: Which Stock Is the Better Value Option?
