Sony Pictures and private-equity firm Apollo Global Management have submitted an all-cash $26 billion offer for Paramount Global, the latest twist in one of the messiest deal dramas in recent memory.
PARA, SONY, APO Price Action: According to Benzinga Pro, Paramount Global shares closed 13% higher at $13.86, Sony Group shares were up 1.4% at $84.08 and Apollo Global shares finished 3.9% higher ...
CBS and other well-known properties would be sold if Sony and Apollo were able to buy Paramount. But the new owners would keep the movie studio. By Benjamin Mullin and Lauren Hirsch Shari Redstone ...
The two companies have expressed interest in acquiring the media conglomerate, but are backing away from their $26 billion all-cash offer. By Benjamin Mullin and Lauren Hirsch Sony Pictures ...
A bid from Sony Pictures Entertainment and Apollo Global Management to acquire Paramount gained steam late last week, according to a report in the New York Times. The two companies, which have ...
Sony is reportedly most interested in the Paramount Studios assets that the company owns, presumably to merge with its own ...
A bid from Sony Pictures Entertainment and Apollo Global Management to acquire Paramount gained steam late last week, according to a report in the New York Times. The two companies, which have ...
Paramount shares at $12-$13 trade far below the lowest price in the Sony-Apollo bid at $20.73. The major voting shareholder of Paramount is forced to raise cash to pay debts, which may lead to ...
Sony Pictures and private equity firm Apollo Global Management have teamed up to table a $26 billion offer for Paramount Global. According to the Wall Street Journal, Sony Pictures CEO Tony ...
Sony Pictures Entertainment and Apollo Global Management have signed NDAs that will allow them to look at Paramount’s books ahead of a potential bid. (Reuters pic) NEW YORK: Sony Pictures ...