Paramount Group, Inc. (PGRE)
| Previous Close | 4.6200 |
| Open | 4.6600 |
| Bid | 4.6800 x 3200 |
| Ask | 4.6900 x 3000 |
| Day's Range | 4.6600 - 4.7300 |
| 52 Week Range | 4.0600 - 5.9200 |
| Volume | |
| Avg. Volume | 1,233,719 |
| Market Cap | 1.108B |
| Beta (5Y Monthly) | 1.24 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.2000 |
| Earnings Date | May 01, 2024 |
| Forward Dividend & Yield | 0.14 (3.03%) |
| Ex-Dividend Date | Mar 27, 2024 |
| 1y Target Est | 4.60 |
ReutersParamount jumps on report of Sony Pictures, Apollo discussing joint buyout bid
Paramount is currently engaged in exclusive deal talks with Skydance Media, an independent studio led by David Ellison, though some investors have urged Paramount to explore other options. Private equity firm Apollo had earlier made a $26 billion bid for the company, and a separate $11 billion offer for Paramount's film studio. Its joint bid with Sony, which is still being structured, would offer cash for all outstanding Paramount Global shares and take the company private, a source told Reuters on Thursday.
ReutersSony, Apollo discuss joint bid for Paramount, says source
Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global, according to a person familiar with the matter. The companies have yet to approach Paramount, which is in exclusive deal talks with Skydance Media, an independent studio led by David Ellison, though some investors have urged Paramount to explore other options. The competing bid, which is still being structured, would offer cash for all outstanding Paramount shares and take the company private, the source said.
ZacksAre Investors Undervaluing Paramount Group (PGRE) Right Now?
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