Sony Pictures Entertainment and private equity firm Apollo Global Management have officially submitted a US$26bn all-cash offer for Paramount Global. According to reports, the deal put forward would ma
Shares of Paramount (PARA) experienced a surge in Thursday's trading session after reports that Sony (SONY) and Apollo Global (APO) have submitted a $26 billion all cash takeover offer for the media giant. Yahoo Finance's Alexandra Canal dives into the details of the proposed deal. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith Disclosure: Apollo Global Management is the parent company of...
Sony Pictures Entertainment and Apollo Global Management have officially put in a bid for Paramount Global, as competition for the storied film and TV company continues to heat up. Sony and Apollo submitted their $26-billion all-cash offer this week, according to a person familiar with the matter who was not authorized to comment. Under the terms of the proposed deal, Sony would take a majority shareholder role in the company, with Apollo as a minority shareholder. The joint bid is a nonbinding...
Sony and Apollo showed formal interest in a Paramount Global buyout as Paramount's special committee is prepared to give its recommendation to Skydance.
The Defence Secretary said the UK is in the early stages of working with its European allies about what a 'Sky Shield may look like'.
SONY and APOLLO offer $26B for PARAMOUNT (Third column, 3rd story, link) Drudge Report Feed needs your support! Become a Patron
Sony Pictures Entertainment and private equity giant Apollo Global Management have formally expressed interest in acquiring Paramount for roughly $26 billion, according to two people familiar with the matter, a move that adds drama to an already chaotic deal-making process.
Shares in media giant, whose chief executive Bob Bakish was this week
If Elon Musk's bid for Twitter Inc. was a needlessly painful and drawn-out
Sony Pictures and Apollo Global Management have submitted an all-cash, $26 billion offer for Paramount Global, marking the second time the private-equity firm has come in with a bid for the entertainment giant.
The on-off bid for Twitter was tedious, but the drawn-out threat of a sale of Paramount on lopsided terms has provided a different kind of pain.
Paramount Global will likely not extend its 30-day exclusivity talks with Skydance Media to strike a deal as Sony Pictures Entertainment and private equity firm Apollo Global Management await