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Market Chatter: Paramount Global Asked by Activist Investor to Consider Apollo Offer
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Market Chatter: Paramount Global Asked by Activist Investor to Consider Apollo Offer
Apr 12, 2024 11:07 AM

01:32 PM EDT, 04/12/2024 (MT Newswires) -- Paramount Global ( PARAA ) was asked by activist investor Barington Capital Group to end exclusive talks with David Ellison and consider rival offers, including one from Apollo Global Management ( APO ) , Bloomberg News reported, citing a letter to the company's board it reviewed.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 11.10, Change: -0.17, Percent Change: -1.51

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