Sony and Apollo propose $26 billion Paramount offer, WSJ reports
The Star Online - Tech·2024-05-03 19:00
(Reuters) -Sony Pictures Entertainment (SPE) and Apollo Global Management have made a $26 billion cash offer for movie group Paramount Global, the Wall Street Journal reported.
The two companies submitted a non-binding offer letter on Wednesday, signed by Sony Pictures Chief Executive Tony Vinciquerra and Apollo partner Aaron Sobel, said the WSJ, citing people familiar with the matter.
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