Paramount Group, Inc. (PGRE)
Pre-Market:
| Previous Close | 4.4800 |
| Open | 4.5200 |
| Bid | 0.0000 x 4000 |
| Ask | 0.0000 x 3000 |
| Day's Range | 4.4450 - 4.5800 |
| 52 Week Range | 4.0600 - 5.9200 |
| Volume | |
| Avg. Volume | 1,274,346 |
| Market Cap | 1.054B |
| Beta (5Y Monthly) | 1.24 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.14 (3.15%) |
| Ex-Dividend Date | Mar 27, 2024 |
| 1y Target Est | N/A |
- Reuters
Sony, 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.
- Zacks
Are Investors Undervaluing Paramount Group (PGRE) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Reuters
Hedge fund Barington urges Paramount to scrap talks with Skydance
Hedge fund Barington Capital on Friday urged Paramount Global to scrap its exclusive merger talks with Skydance Media, arguing all shareholders would benefit if the company looked at other potential bidders. The New York-based hedge fund, which owns 325,000 shares in Paramount, has joined a chorus of increasingly disgruntled investors who say they are fearful of being cheated in a potential deal that is widely seen as favoring the company's controlling shareholder, Shari Redstone. "We strongly object to the Special Committee's decision to enter into an exclusivity agreement with Skydance – or any party for that matter," Barington portfolio manager James Mitarotonda wrote to the Paramount board.
