Sony In Talks To Team With Apollo In Bid For Paramount Global
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Sony in talks to team with Apollo to bid for Paramount
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 the prize. While the talks are preliminary, the two sides have been hashing out the contours of a deal that would have the Culver City-based Sony film and television studio take the lead in the partnership. If a deal were consummated, Sony would control a significant majority stake in Paramount,...
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Sony In Talks To Team With Apollo In Bid For Paramount Global
Remember those rumors, oh, eight years ago about how Sony was a target for acquisition? No more. Still, don’t say merger yet. Deadline has confirmed that Sony Picture Entertainment CEO Tony Vinciquerra has been in talks with Apollo Global Management about making a go for Paramount. This despite Skydance/Redbird Capital being in exclusive talks with
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Sony in talks with Apollo to team up on bid to buy Paramount: sources
Sony Group and Apollo Global Management are in talks to team up on a bid for Paramount Global, sources told The Post on Thursday. Paramount, controlled by media heiress Shari Redstone, has been con