Sony and Apollo submit $26 billion bid for Paramount, reveals the WSJ

Hacks at the Wall Street Journal have just landed a decent scoop about the long running Paramount Global sale talks.

According to the WSJ, Sony Pictures and Apollo, the private equity giant, have submitted an all cash $26 billion offer for Paramount, the US-listed media and entertainment conglomerate, just as the its exlusive negotiations with Skydance conclude...


Register for free to see rest of this article and all public articles from Betaville

Login / Register
Date: Thursday, 2 May 2024, 7:19 pm

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Login to join the conversation