Sony and investment firm Apollo Management are in talks about a joint buyout of Paramount Global, Paramount shares up by around 12% in after-hours trading on Thursday.
www.bloomberg.com
www.forbes.com
Sony Is in Talks With Apollo on a Joint Paramount Bid
Apollo Global Management Inc. and Sony Group Corp. are considering a joint offer for Paramount Global, sparking a jump in shares of the film and TV giant as investors weigh the potential for a bidding war with technology mogul David Ellison.
www.bloomberg.com
Sony Joins Talks To Buy Paramount—Boosting Paramount Shares 12%
Several suitors including Skydance Media and Redbird Capital have reportedly been in talks with Paramount regarding a takeover of the entertainment company.
www.forbes.com
