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 ...
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 and Sony made a $26 billion all-cash offer to buy Paramount, WSJ reportd. The Apollo bid is led by the 37-year-old partner behind a $760 million deal for Legendary Entertainment. Rival ...
After letting exclusive talks with the movie studio Skydance lapse, Paramount’s directors met over the weekend and decided to negotiate with all the suitors. By Benjamin Mullin and Lauren Hirsch ...
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 ...
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 ...
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 ...
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.
The Japanese conglomerate and the U.S. asset management firm have held early discussions about teaming up to make a play for the entertainment company. By Alex Weprin Media & Business Writer Even ...
(RTTNews) - Apollo Global Management (APO) and Sony Pictures Entertainment (SONY) have jointly submitted an all-cash takeover proposal worth $26 billion to Paramount Global (PARA), after the ...