Sony In Talks To Team With Apollo In Bid For Paramount Global
Apollo Management(APO) Deadline·2024-04-19 00:00
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 Paramount Global‘s majority shareholder National Amusements to take control of the studio. The Apollo and Sony deal is reportedly an all-cash one for outstand ...