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.
Apollo previously submitted, on its own, a $26 billion cash bid for Paramount Global, just as Skydance and Paramount were entering exclusive talks. Skydance's bid is backed by RedBird and KKR.
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 ...
A bid from Sony Pictures Entertainment and Apollo Global Management to acquire Paramount gained steam late last week, ...
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 ...
According to multiple reports, the new bid from Skydance offers a better deal to Paramount's Class B shareholders, who were ...
CNBC reports that the Japanese conglomerate has yet to sign an NDA for its current joint bid of $26 billion with Apollo ...
Apollo Global Management and Sony’s bid to buy Paramount Global faces significant hurdles to get the deal past Democratic-led federal regulators amid antitrust concerns, The Post has learned.
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 ...
Sony Corp. and Apollo Global have signed non-disclosure agreements to access Paramount Global's books, but are now ...
Shares of Paramount Global fell 5% on Tuesday after CNBC reported, citing sources, that Sony Pictures is rethinking its bid for the US media company. “People close to the situation that I’ve ...
As Skydance’s negotiating window to acquire Paramount Global ends, Sony and Apollo Management are reported to have written to the company’s board with an all-cash offer of $26 billion. Skydance has ...