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Sony in talks with Apollo to team up on bid to buy Paramount: sources
New York Post· 2024-04-19 00:46
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 conducting exclusive talks with Skydance on a potential deal — which has drawn backlash from investors who fear their shares in the publicly traded media giant would get diluted. Sony and Apollo have not made an official offer, a source close to the negotiations told The Post. 3 Shari Redstone, who controls Paramou ...
Sony In Talks To Team With Apollo In Bid For Paramount Global
Deadline· 2024-04-19 00:00
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 Paramount Global‘s majority shareholder National Amusements to take control of the studio. The Apollo and Sony deal is reportedly an all-cash one for outstand ...
TeleVox Simplifies Care Delivery and Improves Patient Outcomes with Enhanced Digital Care Programs
Newsfilter· 2024-04-17 15:20
OMAHA, Neb., April 17, 2024 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel patient relationship management platforms, announces an enhanced Digital Care Programs solution that will help solve the challenges of fragmented communication and inconsistent patient education and guidance for chronic care management. Digital Care Programs are uniquely designed to address critical industry problem areas including patient education, transitional care, chronic disease management, and health ...
Want $15,750 In Passive Income? Invest $30,000 In These Dividend Stocks
24/7 Wall Street· 2024-04-06 19:09
Want $15,750 In Passive Income? Invest $30,000 In These Dividend Stocks honglouwawa / Getty Images Contrary to the proclamations made by The White House, the actual experience of many American households indicates that inflation does not seem to be under control. The price of staples, such as eggs, have doubled in the last few weeks. Goldman Sachs (NYSE: GS) and Apollo Capital Management (NYSE: APO) finally came forward to break ranks. In response to the Fed’s prediction of 2.25% as the next cycle termina ...
Notified Announces Strategic Sale of Virtual Events and Webinar Business to Brandlive
Newsfilter· 2024-04-03 12:00
NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals, today announced the sale of its virtual events and webinar business to Brandlive, the leader in enterprise webinars, events and global town halls. The decision reflects Notified's sharpening focus on investor relations and public relations solutions. This allows Notified to invest in innovative technologies, including artificial intelligence, that ...
Notified Extends Partnership with Canadian Investor Relations Institute; Affirming Commitment to Advancing Technology in IR
Newsfilter· 2024-04-02 14:00
NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Notified, a globally trusted technology partner for public relations, investor relations, and marketing professionals, today announced that it has renewed its national strategic partnership with the Canadian Investor Relations Institute (CIRI). The partnership, originally established in May of 2023, represents Notified's ongoing commitment to the Investor Relations (IR) community and to driving innovation using emerging technology. The organizations will collabor ...
Apollo Funds Announce Strategic Partnership with Panasonic Automotive Systems, a Leading Global Supplier of Advanced In-Vehicle Technologies
Newsfilter· 2024-03-29 07:48
Panasonic Holdings Corporation to Maintain Significant Minority Stake in Panasonic Automotive to Accelerate Growth Alongside Apollo Funds Transaction Represents Apollo Funds' Fourth Private Equity Investment in Japan NEW YORK, March 29, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that funds managed by Apollo affiliates (the "Apollo Funds") have entered into a definitive agreement to acquire a majority stake in Panasonic Automotive Systems Corporation ("Panasonic Automotive" or the "Company"), ...
Redstone Reportedly 'Unconvinced' by Apollo's $11 Billion Bid For Paramount's Studio
Investopedia· 2024-03-21 20:00
Key TakeawaysShari Redstone, Paramount Global's controlling shareholder, is reportedly not sold on Apollo Global Management's $11 billion for Paramount's film and television studio.The Financial Times said Redstone continues to try to strike a deal with media tycoon David Ellison.Shares of Paramount Global jumped Wednesday on the Apollo report, then dropped Thursday on the report. Paramount Global (PARA) shares lost ground Thursday as controlling shareholder Shari Redstone reportedly isn’t interested in an ...
Paramount Stock Rides Roller Coaster Back Down After Report That Shari Redstone Is “Unconvinced” By Apollo Offer For Studio
Deadline· 2024-03-21 17:47
Paramount Global shares, which soared Wednesday on news that Apollo had made an $11 billion offer for Paramount Pictures, has slumped today after a report splashed cold water on the scenario. Shares in the media company had dropped 5% by mid-day, to below $12, after the Financial Times reported that controlling shareholder Shari Redstone is “unconvinced” by the private equity offer. Apollo’s offer, which valued just the studio at more than the entirety of Paramount Global, pushed the stock up 12% on Wednes ...
Doral Renewables Secures Debt Financing For the Great Bend Solar Project
Newsfilter· 2024-03-21 11:00
PHILADELPHIA, March 21, 2024 (GLOBE NEWSWIRE) -- Doral Renewables LLC ("Doral Renewables") has successfully closed construction debt financing for its Great Bend Solar project. HSBC acted as sole lender for the $114 million financing for the project, which consisted of a $36 million construction-to-term loan facility, a $57 million tax equity bridge loan, and a $21 million letter of credit facility. Great Bend Solar is located on 370 acres in Meigs County, Ohio, approximately 100 miles southeast of Columbus ...