Remember those rumors, oh, eight years ago about how Sony was a target for acquisition? No more. Still, don’t say merger yet. Deadline has confirmed that Sony Picture Entertainment CEO Tony Vinciquerra has been in talks with Apollo Global Management about making a go for Paramount. This despite Skydance/Redbird Capital being in exclusive talks with
Remember those rumors, oh, eight years ago about how Sony was a target for
Sony is reportedly in discussions with Apollo Global Management over a joint bid to acquire Paramount Global, marking the latest twist in the saga of the Shari Redstone-owned media company. The New Yor
Sony Pictures Entertainment is in talks to join Apollo Global Management in its $26-billion bid for Paramount Global — a partnership that would boost the private equity firm's efforts to wrangle the prize. While the talks are preliminary, the two sides have been hashing out the contours of a deal that would have the Culver City-based Sony film and television studio take the lead in the partnership. If a deal were consummated, Sony would control a significant majority stake in Paramount,...
(Bloomberg) -- Sony Group Corp. and Apollo Global Management Inc. are considering teaming up in a bid for the film and TV giant Paramount Global, according to a person familiar with the matter.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsThe two companies...
TOKYO (Reuters) -Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East hostilities. MSCI's broadest index of Asia-Pacific shares dived 2.3% and U.S. stock futures pointed 1.5% lower following media reports Israeli missiles had hit a site in Iran. ABC News cited a U.S. official in reporting Israeli missiles had hit a site in Iran, while Iran's Fars news agency said explosions were heard at an airport...
Sony Group and Apollo Global Management are in talks to team up on a bid for Paramount Global, sources told The Post on Thursday. Paramount, controlled by media heiress Shari Redstone, has been con
Desjardins Global Asset Management Inc. lessened its holdings in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 15.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,647 shares of the semiconductor manufacturer’s stock after selling 1,184 shares […]
But will Merck Mercuriadis and Blackstone go quietly? Don't bet on that. Source
Netflix Reports Blowout Q1 Results & Sub Adds, But Warns Gains Will Slow, Will End Reporting Of Quarterly Subs; Stock Slides After suffering a historic collapse at the end of 2021, when in the span of five months Netflix lost 75% of its value, and when Ackman first bought then immediately dump the stock just around the generational bottom, the company has enjoyed a stellar recovery over the past two year when it rose by nearly 300%, from a low of $166 to a recent high of price of...
The German enterprise software giant SAP reported quarter results that were a smidge ahead of Wall Street’s expectations. The stock is up in late Monday trading.