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Fly News Breaks for February 9, 2017
ATH, APO
Feb 9, 2017 | 07:46 EDT
Wells Fargo estimates that Apollo Global's (APO) EPS could be boosted by 40c and its stock could rise 10%-15% if Athene Holding (ATH) buys Fidelity & Guarantee Life. The firm notes that Apollo Global "recognizes revenue and earnings (positive or negative) tied to Athene Holding stock price movements." Wells keeps an Outperform rating on Apollo Global.
News For APO;ATH From the Last 2 Days
APO
Apr 18, 2024 | 18:53 EDT
APO
Apr 18, 2024 | 18:18 EDT
Sony Pictures (SONY) and Apollo Global (APO) have been in talks over partnering for a joint offer to buy Paramount (PARA), the New York Times' Benjamin Mullin and Lauren Hirsch report, citing two people familiar with the matter. The two companies have not submitted an official bid, as the CBS parent is still in exclusive discussions with Skydance over a potential deal, the authors say, noting the potential Skydance pact has drawn significant pushback from shareholders. Reference Link
