According to a source, Sony and Apollo are talking about a joint bid for Paramount
Wall Street sees possible Sony, Apollo buyout as 'positive' for all shareholders. Paramount is currently in exclusive merger talks with David Ellison's Skydance Media. Sony and Apollo are also in talks to buy Paramount from Paramount. Paramount stock soars as possible Sony buyout comes to light.
Sony Pictures Entertainment and Apollo Global Management discuss joint bid to acquire the media company. Paramount shares jump more than 10% as Sony, Apollo discuss joint buyout bid. The media company's shares rose more than ten per cent on Friday, on news Sony and Apollo were discussing a joint bid.
Private equity firm Apollo had earlier made a $26 billion bid for Paramount. Source: The joint bid would offer cash for all outstanding Paramount Global shares and take the company private. Paramount is currently engaged in exclusive deal talks with Skydance Media, an independent studio led by David Ellison.
Apollo Global Management and Sony Group Corp. are considering a joint offer for Paramount Global. Sony shares jump as investors weigh the potential for a bidding war with technology mogul David Ellison. Sony is in talks with Apollo on a joint bid for Paramount, sparking a jump in shares of the company.
Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global. The competing bid would offer cash for all outstanding Paramount shares and take the company private. The companies have yet to approach Paramount, which is in exclusive deal talks with Skydance Media.
Sony Group and Apollo Global Management in talks to team up on bid for Paramount Global. Sources: Sony and Apollo in talks on bid to buy Paramount Global, sources tell The Post. Paramount Global is owned by Sony, Apollo and Apollo Group, sources say. Sony Group is set to make a bid for the company, sources said.
Several suitors including Skydance Media and Redbird Capital have reportedly been in talks with Paramount regarding a takeover of the entertainment company. Paramount shares have risen 12% in recent weeks. Sony is reportedly in talks to buy the entertainment giant, according to a report from the company.
Sony and Apollo Global Management are discussing a joint effort to buy Paramount. Paramount conducts exclusive merger negotiations with Skydance, which is also in talks with Sony. The company and Apollo are also considering a joint bid to buy the company. Paramount is also negotiating a deal to buy Sony's film division, which has been in talks for years.