Sony in talks with Apollo to team up on bid to buy Paramount: sources


by New York Post

New York Post— 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

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,...

Deadline—Sony In Talks To Team With Apollo In Bid For Paramount Global. Remember those rumors, oh, eight years ago about how Sony was a target for acquisition? No more. Still, don't say merger yet.

Drudge Report—Sony In Talks To Team With Apollo In Bid For Paramount Global. Remember those rumors, oh, eight years ago about how Sony was a target for acquisition? No more. Still, don’t say merger yet. Deadline has confirmed that Sony Picture Entertainment CEO Tony Vinciquerra has been in talks with Apollo Global Management about making a go for Paramount. This despite Skydance/Redbird Capital being in exclusive talks with