Paramount is currently in exclusive merger talks with David Ellison's Skydance Media.
private equity firm Apollo Global Management is in discussions to acquire the media company through a joint buyout bid with Sony Pictures Entertainment .a previous $26 billion all-cash offer, which included $14 billion worth of debt, for the entire company from Apollo. It also Shari Redstone
in exclusive merger talks with David Ellison's Skydance Media, according to a source familiar with the matter. Ostroff, Seligman, and Terrell currently serve on the independent directors board tasked with evaluating potential bids. It is unclear if their departures will have an impact on ongoing Skydance talks., Redstone and Ellison have agreed to terms that would allow Skydance to purchase Redstone's controlling stake.
National Amusements Apollo Global Management Paramount David Ellison Nicole Seligman Sony Pictures Entertainment Paramount Global Dawn Ostroff Merger Talks Skydance Media
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street says a Wall Street revival is finally hereBig bank bosses are not hiding their enthusiasm about Wall Street as first-quarter jumps in investment banking spur new hopes for a sustained dealmaking...
Read more »
Wall Street advises caution on gold prices next week, Main Street mashes the gasThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Wall Street and Main Street still see gains for gold next week amid extreme volatilityThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
What a Sony, Apollo buyout of Paramount looks like: AnalystSony Pictures Entertainment (SONY) has entered talks with Apollo Global Management (APO), the parent company of Yahoo Finance, to discuss a possible joint...
Read more »
Paramount jumps on report of Sony Pictures, Apollo discussing joint buyout bidExplore stories from Atlantic Canada.
Read more »
Sony, Apollo discuss joint bid for Paramount, says sourceExplore stories from Atlantic Canada.
Read more »