Sony In Talks To Team With Apollo In Bid For Paramount Global
by Deadline
Deadline— Remember those rumors, oh, eight years ago about how Sony was a target for acquisition? No more. Still, don't say merger yet.
Los Angeles Times—Sony in talks to team with Apollo to bid for Paramount. Sony Pictures Entertainment is in talks to join Apollo Global Management in its $26-billion bid for Paramount Global — a partnership that would boost the private equity firm's efforts to wrangle the prize. While the talks are preliminary, the two sides have been hashing out the contours of a deal that would have the Culver City-based Sony film and television studio take the lead in the partnership. If a deal were consummated, Sony would control a significant majority stake in Paramount,...
New York Post—Sony in talks with Apollo to team up on bid to buy Paramount: sources. Sony Group and Apollo Global Management are in talks to team up on a bid for Paramount Global, sources told The Post on Thursday. Paramount, controlled by media heiress Shari Redstone, has been con
C21media—New twist in Paramount Global saga as Sony said to be in talks to join Apollo bid. Sony is reportedly in discussions with Apollo Global Management over a joint bid to acquire Paramount Global, marking the latest twist in the saga of the Shari Redstone-owned media company. The New Yor