Sony in talks with Apollo to team up on bid to buy Paramount: sources
Apollo Management(APO) New York Post·2024-04-19 00:46
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 conducting exclusive talks with Skydance on a potential deal — which has drawn backlash from investors who fear their shares in the publicly traded media giant would get diluted. Sony and Apollo have not made an official offer, a source close to the negotiations told The Post. 3 Shari Redstone, who controls Paramou ...