May 9, 2024, 5:54 PM
May 6, 2024, 10:48 PM
Antitrust Concerns Surround Sony and Apollo's Bid for Paramount
- Sony and Apollo's joint $26 billion bid for Paramount Global faces antitrust hurdles from federal regulators.
- The bid has raised concerns about Sony's financial capacity to handle the acquisition.
- If successful, CBS and other properties may be sold while the movie studio would remain with the new owners.
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