Key TakeawaysParamount Global shares jumped 12% on Thursday after the media company reportedly received an $11 billion offer for its TV and film studio from private equity firm Apollo.The deal would dwarf the company's current valuation of $8.56 billion and would not include other assets such as the company's streaming division.The move follows months of speculation around the company after reports about several offers and potential deals. Paramount Global (PARA) stock jumped Thursday after it was reported ...

Private equity firm Apollo Global Management reportedly made an $11 billion offer to pry away Paramount Global’s Hollywood studio, Paramount Pictures, from the rest of media heiress Shari Redstone’s debt-saddled company. The stunning offer comes as an independent committee of the company’s board of directors reviews a competing bid from Skydance Media for all of Paramount Global — which also owns CBS, Comedy Central, Nickelodeon and the Paramount+ streaming service, The Wall Street Journal reported Wednesda ...

ToplineApollo Global Management has made an $11 billion offer to purchase Paramount Global’s studios, according to the Wall Street Journal, while the entertainment company reportedly weighs another offer from Skydance Media and RedBird Capital Partners.Paramount is reportedly weighing another offer from Skydance Media and David Ellison.AFP via Getty Images Key FactsThe Apollo deal would require Paramount Global to break off its film and television studios, which produced “Mission: Impossible–Dead Reckoning” ...

Key PointsDell, The Trade Desk and Apollo Global Management are large-cap stocks that are not part of the S&P 500 but are outperforming the index.Analysts anticipate continued growth and profitability for Dell, The Trade Desk, and Apollo.Institutional investors are showing confidence in these stocks despite their exclusion from the S&P 500.5 stocks we like better than Apollo Global ManagementDell Technologies Inc NYSE: DELL,  The Trade Desk Inc. NASDAQ: TTD and Apollo Global Management Inc. NYSE: APO repres ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Apollo Global Management is in discussions with Paramount Global (PARA) about a possible acquisition or asset purchase.According to a report by Axios on Tuesday, a special committee formed by Paramount Global is engaging in these preliminary talks, signaling a new chapter in the ongoing saga of media consolidations. PARA stocks fall a tadCopy link to sectionFollowing the announcement of the talks, Paramount Global’s shares experience ...

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that Apollo-managed Funds ("Apollo Funds" or the "Funds") have agreed to sell 65.2 million common equity shares in Vallourec SA (Euronext: VK; "Vallourec", the "Company"), a value-added manufacturer of premium tubular steel products, for €14.64 per share to ArcelorMittal. The shares sold represent a 28.4% equity interest1 in Vallourec and a total transaction value of approximately €955 million, and upon close will mark the Apollo ...

MOBILE, Ala., March 12, 2024 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel patient relationship management platforms, is helping physicians keep their schedules filled and patients happy with the introduction of Practice Edition. TeleVox Practice Edition offers a suite of services designed specifically to help physicians and their staff overcome common industry challenges, including inefficient scheduling processes, poor communication, low retention, and reputation management. "C ...

NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- Notified, a globally trusted technology partner for public relations, investor relations, and marketing professionals, today announced recent enhancements to its PR Platform, equipping PR practitioners with the cutting-edge tools and data insights needed to tell impactful stories, better manage the corporate narrative, and report campaign results to leadership. Notified also launched a PR Platform app, conveniently delivering Notified's media monitoring and socia ...

NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE:APO) today announced the appointment of Chris McIntyre as Partner, Global Head of the Institutional Client Group and member of the firm's Leadership Team, effective April 15, 2024. Based in New York, he will be responsible for managing the firm's institutional distribution channel. McIntyre joins a talented team that delivered robust third-party inflows of approximately $45 billion in 2023. Apollo Co-Presidents Scott Kleinman ...

ORLANDO, Fla., March 05, 2024 (GLOBE NEWSWIRE) -- TeleVox will showcase how its industry-leading omnichannel patient relationship management platforms address all stages of the patient journey to support better outcomes and experiences at HIMSS 24 (booths 5167 and 5678-02), held March 11-15 at the Orange County Convention Center in Orlando. Show attendees can hear directly from Vijay Verma, Vice President, Product, in a speaking session titled, "Taking Patient Relationships to the Next Level in 2024." In th ...