Shares of Paramount Global (PARA) closed nearly 12% higher following a report from The Wall Street Journal that Apollo Global Management (APO) made an $11 billion bid for the company's film and TV ...

Paramount stock closed at $12.51 per share Wednesday, up nearly 12 percent for the day. The Wall Street Journal reported that Apollo made an $11 billion offer just for Paramount’s film and ...

Paramount's TV studio has produced top series like Netflix's "Thirteen Reasons Why," Amazon's "Reacher" and Apple's "Defending Jacob." The stock traded flat on the heels of the news.