Paramount Global to Pursue Simultaneous Talks with Sony/Apollo and Skydance as M&A Drama Drags On
Paramount Global goes back to playing the field this week with two suitors still pursuing the company that has been surrounded by a highly public M&A drama for months. And it's unlikely to end any time soon.
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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