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"Sony and Apollo Consider Joint Bid for Paramount in Challenge to Ellison"

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Source: Bloomberg
"Sony and Apollo Consider Joint Bid for Paramount in Challenge to Ellison"
Photo: Bloomberg
TL;DR

Apollo Global Management and Sony Group Corp are considering a joint bid for Paramount Global, leading to a surge in the company's shares as investors anticipate a potential bidding war with David Ellison. Discussions have taken place between Sony Pictures Entertainment chief Tony Vinciquerra and Apollo, but no official proposal has been submitted yet.

Topics:entertainmentbusiness#apollo-global-management#bidding-war#business#film-and-tv-industry#paramount-global#sony-group-corp
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  1. Apollo, Sony Weigh Bid for Paramount in Challenge to Ellison  Bloomberg
  2. Sony in Talks to Join a Bid to Buy Paramount  The New York Times
  3. Paramount shares rise after Sony, Apollo reportedly seek to join deal talks  MarketWatch
  4. Sony Reportedly in Talks to Join a Bid to Buy Paramount  IGN
  5. Sony and Apollo Weigh Joint Bid for Paramount Global  Hollywood Reporter

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