Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid
Apollo Management(APO) CNBC·2024-05-03 02:55
Spokespeople for Paramount, Redstone's National Amusements, the special committee and Skydance declined to comment. Sony and Apollo did not immediately respond to requests for comment.Skydance Media hasn't heard anything from the special committee yet, though it expects to find out the special committee's recommendations on next moves as early as Thursday, according to people familiar with the matter. Paramount's panel could recommend approving Skydance's offer or rejecting it, or it could come back to the ...