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Fly News Breaks for June 8, 2017
APO, CG
Jun 8, 2017 | 06:42 EDT
BofA/Merrill analyst Michael Carrier upgraded Carlyle Group (CG) to Buy saying the outlook for alternative asset managers is improving following a challenging 2015 and 2016. The analyst highlights "healthy" fundraising, improving returns, and rising distributions for the space. Carrier raised his price target for Carlyle to $21 from $20 while noting that Apollo Global (APO) remains his top pick in the space.
News For CG;APO 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
