Sony Pictures and private equity firm Apollo express interest in buying Paramount for $26 billion
Sony Pictures and Apollo Global Management have expressed interest in buying Paramount Global for $26 billion.
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Sony Pictures and Apollo Global Management have expressed interest in buying Paramount Global for $26 billion.
The Sony-Apollo offer was first reported by The Wall Street Journal. The Journal reported previously that Apollo had made an offer to buy Paramount on its own but Paramount's board had concerns about the bid, including whether it could arrange financing for a deal.
Sony Pictures and Apollo Global Management have expressed interest in buying Paramount Global for $26 billion. That's according to a person familiar with the details. Sony would be the majority shareholder and Apollo would have a minority stake, according to the person, who requested anonymity because details of the offer have not been made public. The Sony-Apollo offer was first reported by The Wall Street Journal.
Sony Pictures and Apollo Global Management have expressed interest in buying Paramount Global for $26 billion.
Sony Pictures and Apollo Global Management have expressed interest in buying Paramount Global for $26 billion.