After CEO's Ouster, Paramount Isn't Fielding Any Questions [Yahoo! Finance]
Apollo Global Management, Inc. (New) (APO)
Last apollo global management, inc. (new) earnings: 5/1 07:00 am
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Source: Yahoo! Finance
Clocking in at a swift nine minutes, the hyper-accelerated investors' update served primarily as a forum through which to introduce Paramount's triumvirate of division heads—CBS boss George Cheeks, studio capo Brian Robbins and cable chief Chris McCarthy—who'll now lead the company as part of a cooperative effort dubbed the “Office of the CEO.” The unconventional decision to forgo the standard post-presentation Q&A allowed Paramount to dodge any inquiries into the status of its ongoing merger talks with David Ellison's Skydance Media. If industry scuttlebutt is anything to go by, Bakish's vocal opposition to a deal with Skydance made him fall out of favor with Paramount chair Shari Redstone. Shareholders aren't crazy about the proposal either, which would see Skydance buy out Redstone's Class A voting shares for some $2 billion, whereupon Paramount would acquire Skydance for as much as $5 billion in stocks. An exclusive bargaining window for the talks is set to expire on Friday,
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News
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APO
Earnings
- 5/2/24 - Beat
APO
Sec Filings
- 5/20/24 - Form 4
- 5/17/24 - Form 4
- 5/13/24 - Form 4
- APO's page on the SEC website