In the latest twist in Paramount Global’s M&A saga, Sony Pictures Entertainment and Apollo Global Management have made a bid to take Paramount private with an all-cash buyout offer of $26 billion.
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 ...
But according to NYT, Sony and Apollo are still serious about acquiring Paramount assets and are exploring other possible ...
Sony Pictures and private equity firm Apollo Global Management have submitted a $26 billion offer for Paramount Global, The Wall Street Journal reported Thursday, the latest bid for the ...
Shares of Paramount Global surged over 13% during Thursday’s trading session after Sony Pictures Entertainment and Apollo Global Management expressed interest in buying the media conglomerate.
The major voting shareholder of Paramount is forced to raise cash to pay debts, which may lead to Paramount being sold. Learn ...
Partners Sony and Apollo have formally reached out to Paramount‘s special board committee asking to discuss a potential $26 billion cash offer, Deadline has learned. It comes as Par’s ...
Sony Pictures and the private equity firm Apollo Global Management have expressed interest in buying Paramount Global for $26 billion, according to a person familiar with the details. Sony would ...
According to both the WSJ and NYT, Sony and Apollo have made an all-cash offer of a whopping $26 billion to acquire Paramount. If accepted, Sony will become the majority owner while Apollo will ...
In the latest twist in Paramount Global's M&A saga, Sony Pictures Entertainment and Apollo Global Management reportedly have made a bid to take Paramount private with an all-cash buyout offer of $ ...