Can Sony, Apollo sell CBS if they do acquire Paramount? [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
To shed light on this development, Bank of America Securities Senior US Media and Entertainment Analyst Jessica Reif Ehrlich joins Catalysts Ehrlich notes that Sony "can't own" CBS due to foreign ownership rules. However, Ehrlich highlights that if the transaction were to proceed, two questions would arise: Who can afford to own CBS and who can even own CBS "from a legal perspective"? Note: Apollo Global Management is a majority owner of Yahoo, Yahoo Finance's parent company. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith Video Transcript Well, speaking of another broadcasting network, CBS, according to the New York Times, Sony and Apollo's plan for Paramount would involve a little bit of a break up selling off CBS.I'm curious from your perspective, who would a potential buyer be for CBS?Look, uh the, what's happened in the last few years.Um You know, but in traditional media, ther
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APO
News
- Sony, Apollo Global take another step in Paramount talks [Yahoo! Finance Canada]Yahoo! Finance Canada
- Sony, Apollo Global take another step in Paramount talks [Yahoo! Finance]Yahoo! Finance
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APO
Earnings
- 5/2/24 - Beat
APO
Sec Filings
- 5/17/24 - Form 4
- 5/13/24 - Form 4
- 5/10/24 - Form 4
- APO's page on the SEC website