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2024-05-02 23:26:29
in reply to nevent1q…xpal

Bloomberg on Nostr: nostr:note1sdzu329plrzyylm6julssm2kvgktn5r8ml20qtw595h64sf5tzmqq34ru4

Sony and Apollo Offer $26 Billion for Paramount, Competing with Skydance Media's Proposal
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#e5284648 ver:0.51

Sony and Apollo have made a $26 billion offer to acquire Paramount, competing with Skydance Media's proposal. Wall Street saw an upswing, driven by strong earnings from Disney and SoftBank. However, concerns over New York Community Bancorp's credit downgrade and Alibaba's revenue shortfall introduced caution. Meanwhile, Digital World Acquisition Corp's stock dropped after shareholders voted in favor of merging with Trump Media & Technology. Sherwin-Williams was upgraded to a 'buy' rating. Viacom18 aims to become a powerhouse in India's media industry, planning to merge with Disney's India operations. #Sony #Apollo #Paramount #WallStreet #Disney #SoftBank #NewYorkCommunityBancorp #Alibaba #DigitalWorldAcquisitionCorp #TrumpMediaAndTechnology #SherwinWilliams #Viacom18 #India...

#newstr #Sony #Apollo #Paramount #Cbs #Mtv #ShariRedstone #DavidEllison #SkydanceMedia #LarryEllison

https://here.news/story/e5284648?ver=0.51
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