Apollo Global Management
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Movies
Sony Pictures, Apollo Offer to Buy Paramount Global for $26 Billion in Cash
In a new development in the mergers and acquisitions narrative of Paramount Global, Sony Pictures Entertainment alongside Apollo Global Management have proposed a move to privatize Paramount through a substantial all-cash offer of $26 billion. This non-binding proposal was reportedly submitted to Paramount Global on Wednesday, as initially revealed by the Wall Street Journal.
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Entertainment
Sony & Apollo’s Paramount Bid: Hollywood’s Next Big Merger?
Sony and Apollo Mull Paramount Bid in Potential Mega-Merger Oye, chicos! Have you heard the latest chisme in Hollywood? Sony Pictures Entertainment and Apollo Global Management are reportedly considering joining forces to make a play for Paramount Global. That’s right, the studio behind Spider-Man and Jumanji might just team up with the private equity firm to create a true entertainment…
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