From Investing.com: 2024-05-17 23:20:33

Sony Pictures Entertainment and Apollo Global Management have signed nondisclosure agreements to examine Paramount’s assets before a potential bid. Initially planning a $26 billion all-cash offer, they are now exploring other options. Paramount, facing financial challenges, continues discussions with Sony and Apollo, as well as with Skydance Media.



Read more at Investing.com: Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports By Reuters