Paramount Global receives all-cash competing bid of up to $43B from Apex Capital
Paramount (PGRE) New York Post·2024-07-31 16:52
Apex Capital Trust has submitted a competing offer to acquire Paramount Global in an all-cash deal for up to $43 billion, the investment firm said Wednesday. Paramount has a 45-day "go-shop" period following the merger agreement with David Ellison's Skydance Media, during which it can receive another deal. Paramount and National Amusements did not immediately respond to Reuters requests for comment. Paramount has a 45-day "go-shop" period following the merger agreement with David Ellison's Skydance Media, d ...