Paramount Global to Pursue Simultaneous Talks with Sony/Apollo and Skydance as M&A Drama Drags On Variety

Image for article Paramount Global to Pursue Simultaneous Talks with Sony/Apollo and Skydance as M&A Drama Drags On Variety
News Source : Variety

News Summary

  • Paramount Global reached the end of its 30-day exclusive negotiating window with Skydance Media on May 3
  • Sony Pictures Entertainment and Apollo Global Management are moving forward with a $26 billion all-cash offer
Paramount Global goes back to playing the field this week with two suitors still pursuing the company that has been surrounded by a highly public M&A drama for months. And its unlikely to end an [+4974 chars]

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