- Yahoo Finance Video
Why is Apollo Global interested in Paramount? CEO explains
Apollo Global Management (APO) and Sony Pictures Entertainment (SONY, 6758.T) have submitted a joint bid for entertainment giant Paramount Global (PARA). According to The New York Times, the two sides have entered negotiations after an exclusivity agreement with Skydance ended with no deal. Apollo Global CEO Marc Rowan says private equity giant is looking for value, which, he thinks, can most often be found in areas undergoing "substantial change" such as the media industry right now. "The notion that you can come in and build on a great business and try to navigate through these turbulent times, I think is where we create value," Rowan tells Yahoo Finance Executive Editor Brian Sozzi. Note: Apollo Global Management is Yahoo's parent company. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Be sure to check out more from Yahoo Finance's coverage of the 2024 Milken Institute Global Conference. This post was written by Stephanie Mikulich.
- Associated Press
The yearly memorial march at the former death camp at Auschwitz overshadowed by the Israel-Hamas war
U.S. university presidents joined Holocaust survivors and thousands of Israelis on Monday for the March of the Living, a yearly memorial march at the site of Auschwitz that honors the 6 million Jews killed by Nazi Germany and celebrates the state of Israel. This year, the mood at the march was overshadowed by the war in Gaza after the Oct. 7 attack on Israel by Hamas, the deadliest violence against Jews since Adolf Hitler's regime sought to destroy the entire Jewish population of Europe. The October attack unleashed a war that has led to a high number of Palestinian deaths, fueling pro-Palestinian protests that have swept U.S. campuses.
- Raleigh News and Observer
She came to look at another shelter dog — then met Cupid. ‘It was love at first sight’
Cupid the “sweet” dog had spent about 200 days at a North Carolina shelter.
