Paramount is on the verge of a deal: How it got here

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 80 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 63%

Apollo Global Management News

Paramount Global,Alexandra Canal,Sony Pictures

Shares of Paramount Global (PARA) spiked in the afternoon on Thursday after a report revealed that Sony Pictures and Apollo Global Management (APO) submitted...

) submitted an all-cash $26 billion offer for the company. How did the Paramount get here, and where could it settle on a deal?

Yahoo Finance Reporter Alexandra Canal outlines the timeline behind Paramount's journey to a potential deal.This dividend stock is near 52-week highs, but still down from all-time highs, with a highly valuable P/E ratio you won't want to miss. The post 1 Magnificent Dividend Stock That’s Down 21% and Trading at a Once-in-a-Decade Valuation appeared first on The Motley Fool Canada.

TFSA investors could capitalize on these top Canadian stocks to generate tax-free capital gains and dividend income. The post TFSA: 3 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.OTTAWA -The Bank of Canada is getting closer to being able to start cutting interest rates from their current 23-year highs, Governor Tiff Macklem said on Wednesday.

This finance YouTuber says there’s 1 retirement trap that no one talks about — here’s what you need to knowMONTREAL — Canadian airlines have enjoyed a two-year boom amid consumer hunger for post-pandemic travel. But as that pent-up demand recedes, the country's largest carrier hopes to ramp up ticket sales to corporate customers instead.

Are you wondering what top stocks to buy in May 2024? These four high-quality stocks could provide strong returns for a long-term investor. The post Where to Invest $10,000 in May 2024 appeared first on The Motley Fool Canada.The Trans Mountain pipeline expansion project will open on Wednesday. It took more than four years to construct, and was one of the most costly infrastructure projects in Canadian history. Kendra Slugoski reports.

Paramount Global Alexandra Canal Sony Pictures

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sony, Apollo Propose Buying Paramount Global in $26 Billion DealSony Group Corp. and Apollo Global Management Inc. made a $26 billion proposal to buy Paramount Global, the media giant that owns CBS and MTV, according to people with knowledge of the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Paramount Global replaces CEO Bob Bakish with a troika of executivesNEW YORK (AP) — Paramount Global on Monday announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company. Bakish will be...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

David Ellison Closes In on a Hollywood Prize: Paramount GlobalDavid Ellison, movie producer, tennis fanatic and heir to a technology fortune, is on the verge of adding another title: media mogul.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Paramount Global to enter into exclusive merger talks with Skydance, source saysThe deal talks are more advanced than the offer from Apollo and if successful, would end Shari Redstone’s control of the media empire built by her father
Source: globebusiness - 🏆 31. / 66 Read more »

Paramount announces CEO Bob Bakish's departure amid deal talksParamount Global announced the departure of its CEO.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Paramount’s High-Grade Bondholders Confront Junk-Status ScenariosJust a few months ago, life as a Paramount Global bondholder was pretty good.
Source: BNNBloomberg - 🏆 83. / 50 Read more »