Sony Pictures and private-equity firm Apollo Global Management have submitted an all-cash $26 billion offer for Paramount Global, the latest twist in one of the messiest deal dramas in recent memory.
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.
PARA, SONY, APO Price Action: According to Benzinga Pro, Paramount Global shares closed 13% higher at $13.86, Sony Group shares were up 1.4% at $84.08 and Apollo Global shares finished 3.9% higher ...
Paramount receives a $26 billion all-cash offer from Sony and Apollo Management. Sony would be the majority shareholder with operational control with Apollo holding a minority stake in the company.
Paramount's stock fell by 1.3% as there has been no communication from Sony and Apollo since they signed a non-disclosure ...
Skydance Media reportedly has submitted a sweetened offer for a merger with Paramount Global that the latter's directors are ...
Skydance and RedBird Capital are sweetening their takeover deal for Paramount Global. A source confirms to The Hollywood ...
David Ellison's Skydance has sweetened its offer to take control of Paramount from Shari Redstone after dissent by other ...
The auction for Shari Redstone's media company heats up as Skydance signals its strong interest in a complex two-phase deal.
Specific terms of Skydance's bid have not been disclosed, but they're reported to be better for Paramount’s voting and ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A special committee of Paramount ...