Search results
Results From The WOW.Com Content Network
The company reported $1.45 in earnings per share for the previous quarter, exceeding the Thomson Reuters estimate of $1.33 by $0.12. Apollo Group's quarterly revenue was down 7.6% on a year-over-year basis. In March 2011 the Apollo Group sold its corporate headquarters in Arizona and leased it back in order to raise $170 million in cash.
The development comes after Paramount reportedly declined Apollo's previous $26 billion all-cash offer, which included $14 billion worth of debt, for the entire company.
That came after the stock popped nearly 12% following the Wall Street Journal’s report that Apollo had made an $11 billion offer to acquire Paramount Pictures and the Paramount TV studios group.
The most recent acquisition in the enterprise networking segment is Aruba Networks in March 2015 for US$3 billion. On the IT services and consulting side, the largest acquisition made so far is Electronic Data Systems, in 2008 for US$13.9 billion. In the software products market segment, a stream of acquisitions has helped strengthen HP's ...
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. [2] [3] [1] As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion ...
Shares of Paramount Global closed up 11.8% Wednesday on the Journal report, to $12.51/per share, boosting its market cap to nearly $8.7 billion. The stock remains well below its 52-week high of ...
Inc. (1995–2017) (as Yahoo!) Yahoo! Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications acquired the core assets of its predecessor and merged them with AOL in 2017. [6] [7] The resulting subsidiary entity ...
For premium support please call: 800-290-4726 more ways to reach us