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Paramount to Weigh Apollo Offer as Ellison's Exclusivity Ends [BNN Bloomberg (Canada)]

Comcast Corporation - Class A (CMCSA)  More Company Research Source: BNN Bloomberg
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
The special committee of Paramount's board that had been negotiating with Ellison notified him on Friday that talks will no longer be exclusive, according to people familiar with the discussions. While Apollo has approached Paramount several times in the past few weeks, the latest proposal, coming with Sony as partner, had more specific details than previous ones, according to a person familiar with the board's thinking. By leaving their options open, Paramount directors are angling for a better offer from Apollo or Ellison, the person said. The committee, which is composed of Paramount's independent directors, found itself in a bind in recent weeks. A number of shareholders, including Mario Gabelli and Ariel Investments' John Rogers, have expressed disapproval for an Ellison offer that would buy out the company's controlling shareholders, the Redstone family, at a premium and dilute the holdings of other investors through a merger with his Skydance Media. Paramount's move is r [Read more]
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Stockreport

Paramount to Weigh Apollo Offer as Ellison's Exclusivity Ends [BNN Bloomberg (Canada)]

Comcast Corporation - Class A  (CMCSA) 
More Company Research Source: BNN Bloomberg
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
The special committee of Paramount's board that had been negotiating with Ellison notified him on Friday that talks will no longer be exclusive, according to people familiar with the discussions. While Apollo has approached Paramount several times in the past few weeks, the latest proposal, coming with Sony as partner, had more specific details than previous ones, according to a person familiar with the board's thinking. By leaving their options open, Paramount directors are angling for a better offer from Apollo or Ellison, the person said. The committee, which is composed of Paramount's independent directors, found itself in a bind in recent weeks. A number of shareholders, including Mario Gabelli and Ariel Investments' John Rogers, have expressed disapproval for an Ellison offer that would buy out the company's controlling shareholders, the Redstone family, at a premium and dilute the holdings of other investors through a merger with his Skydance Media. Paramount's move is r [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CMCSA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS