From CNBC: 2024-05-02 15:36:18

Sony Pictures and Apollo Global Management have shown interest in acquiring Paramount Global for about $26 billion. Skydance Media, supported by RedBird Capital and KKR, is waiting for a response from Paramount’s special committee. Paramount’s shares surged over 12% after the news of Sony and Apollo’s offer, valued higher than current enterprise value. Skydance’s bid may face challenges.



Read more at CNBC: Sony, Apollo express interest in Paramount buyout amid Skydance bid