Paramount Stock Pops After Apollo Bid for Film and TV Studio
Shares in Paramount Global soared on Wednesday after details of an acquisition proposal by the private equity firm Apollo became public. Paramount stock closed at $12.51 per share Wednesday, up nearly 12 percent for the day. The Wall Street Journal reported that Apollo made an $11 billion offer just for Paramount’s film and television studio. […]
Shares in Paramount Global soared on Wednesday after details of an acquisition proposal by the private equity firm Apollo became public. Paramount stock closed at $12.51 per share Wednesday, up nearly 12 percent for the day. The Wall Street Journal reported that Apollo made an $11 billion offer just for Paramount’s film and television studio. […]
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