Sony Group withdraws bid for Paramount Global as Skydance Media deal is agreed upon, avoiding potential regulatory issues.
Sony and Apollo jointly made a preliminary $26 billion offer – after a solo bid by Apollo was rebuffed – then signed ... A ...
If the companies make the joint bid, they will not do so until after the 30-day exclusive negotiation window between Paramount and production partner Skydance ends on May 3. The proposed bid from ...
Paramount Global’s shares surged by 9.3% to $ ... However, a new joint bid from Sony and Apollo, reportedly in all cash, could alleviate those financial concerns and put them in a stronger ...
Sony has withdrawn from the chase for Paramount Global and will not make a competing bid against Skydance, Screen understands ...
Sony is reportedly in discussions with Apollo Global Management over a joint bid to acquire Paramount Global, marking the latest twist in the saga of the Shari Redstone-owned media company. The New ...
The long drawn-out saga of the future of Paramount Global appears to have reached an end after a special committee approved ...
But Diller has special history with this studio. He was CEO of Paramount Pictures from 1974 to 1984. Under his tenure, the ...
There’s no sign yet that anyone else will come forward to snatch Paramount away from Skydance. In May, Sony Pictures and private-equity giant Apollo Global Management emerged as prospective bidders ...
Sony Pictures Entertainment and Apollo Global Management have signed nondisclosure agreements with Paramount to acquire the company for $26 billion, amid competition from Skydance and National ...
Sony Pictures Entertainment is in talks to join Apollo Global Management in its $26 billion bid for Paramount Global — a partnership that would boost the private equity firm's efforts to wrangle ...