Sony Pictures & Apollo Offer to Buy Paramount for $26 Billion
Sony Pictures Entertainment and Apollo Global Management reportedly made an offer to buy Paramount and take it private, according to the Wall Street Journal (via Variety). Both companies reportedly offered Paramount an all-cash buyout of a whopping $26 billion.
Paramount reportedly approves buyout talks with Sony, Apollo
Paramount Global has formally begun negotiations with a buyout group led by Sony Pictures Entertainment and Apollo Global Management, the New York Times reported Sunday, after a 30-day exclusive negotiating window with Skydance expired Friday.
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As reported by The Wall Street Journal, Sony and private equity firm Apollo Global Management have made a bid to take ...
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