The two companies have expressed interest in acquiring the media conglomerate, but are backing away from their $26 billion all-cash offer. By Benjamin Mullin and Lauren Hirsch Sony Pictures ...
A bid from Sony Pictures Entertainment and Apollo Global Management to acquire Paramount gained steam late last week, according to a report in the New York Times. The two companies, which have ...
Shares of Paramount Global slid Tuesday following a CNBC report that Sony was “rethinking” its bid to acquire Paramount in conjunction with private-equity firm Apollo Global Management.
Shares of Paramount Global fell 5% on Tuesday after CNBC reported, citing sources, that Sony Pictures is rethinking its bid for the US media company. “People close to the situation that I’ve ...
According to multiple reports, the new bid from Skydance offers a better deal to Paramount's Class B shareholders, who were ...
Skydance Media submitted a new offer for Paramount Global intended to be more attractive to noncontrolling shareholders.
Apollo even sweetened its deal by recruiting Sony to serve as its partner in making a bid, the idea being that Sony ensured ...
Sony is reportedly having second thoughts about its $26 billion bid to acquire Paramount Global. According to CNBC’s Power Lunch, the possibility that Sony and private equity firm Apollo Global ...
Controlling shareholder Shari Redstone hasn't consented to the deal. Competing offers have come in for National Amusements, ...
Paramount Global executives revealed a plan to slash costs and find a partner for its streaming service — but shares fell ...
The auction for Shari Redstone's media company heats up as Skydance signals its strong interest in a complex two-phase deal.
Paramount Global shares surged Monday on a report indicating the entertainment giant had agreed to a takeover by Skydance ...