Sony and Apollo make $26 billion cash offer for Paramount: report
- Sony Pictures CEO Tony Vinciquerra and Aaron Sobel of Apollo proposed a $26 billion all-cash bid for Paramount Global, as reported by The Wall Street Journal.
- Sony's proposal would make them the primary shareholder of Paramount, with Apollo having a smaller stake. The offer is nonbinding and marks the beginning of negotiations, according to The Wall Street Journal.
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Leaning Left10Leaning Right2Center15Last Updated15 days agoBias Distribution56% Center