Exclusive: Sony/Apollo $26B bid may imply around $20/sh per PARA common share

Go back to Exclusive: Sony/Apollo $26B bid may imply around $20/sh per PARA common share

Paramount Global (PARA) stock gains premarket following takeover talk reports

May 6, 2024 7:27 AM EDT

After falling 7% Friday, Paramount Global (NASDAQ: PARA) shares are up more than 2% premarket Monday.

Reports emerged that at the end of last week Sony and private equity firm Apollo Global said they intend to make a $26 billion cash offer for the company.... More