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 ...
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 ...
World's biggest elections are set for a big bang end. Will Modi have his '400 paar'? The two companies have signed nondisclosure agreements with Paramount, allowing them to look at Paramount's ...
Matrix Asset Advisors, which has previously slammed Skydance’s bid to merge with Paramount Global as “sub-optimal” and “detrimental” to the company’s value, is urging the media ...
Sony Pictures Entertainment and Apollo Global Management reportedly made an offer to buy Paramount and take it private. Both companies reportedly offered Paramount an all-cash buyout of a whopping $26 ...
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Should Sony and Apollo Management be successful in their bid to acquire Paramount Global, they would look to sell off the company’s linear channels and its streaming service Paramount Plus, according ...