Sony Pictures Entertainment and Apollo Global Discuss Possible Joint Bid for Paramount Global Variety

News Source : Variety

News Summary

Sony Pictures Entertainment and Apollo Global Management are considering a possible joint bid for Paramount Global
Sources close to the situation confirmed the conversations but cautioned that there are numerous obstacles that would need to be overcome before the sides could formally submit an offer
Apollo previously floated a $26 billion offer for Paramount by itself
At present, Paramount Global is in the midst of an exclusive 30-day negotiating window with Skydance Media

Sony Pictures Entertainment and Apollo Global Management are considering a possible joint bid for Paramount Global. News of the discussions was first reported by the New York Times. Sources close t [+3447 chars]

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