_paramount-global-explores-merger-possibilities-with-skydance-media-and-sony-pictures92-apollo-global.jpg "Paramount Global Explores Merger Possibilities with Skydance Media and Sony Pictures\ Apollo Global from cash aso new album song imran puja up pow az com coming sunny Video Screenshot Preview")
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⏲ Duration: 0:41
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✓ Published: 07-May-2024
👁 View: 590K times
✓ Published: 07-May-2024
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Paramount Global will pursue simultaneous talks with both Skydance Media and Sony Pictures/Apollo Global Management regarding potential mergers and acquisitions. The 30-day exclusive negotiation period with Skydance ended without a deal on May 3rd, leaving an opening for Paramount to consider Sony/Apollo's all-cash $26 billion offer. Regulatory concerns exist around the Sony/Apollo deal given the Biden administration's opposition to media consolidation. Skydance CEO David Ellison may withdraw from negotiations if Paramount pursues Sony/Apollo deeply instead of continuing exclusive Skydance talks.
Paramount Global will pursue simultaneous talks with both Skydance Media and Sony Pictures/Apollo Global Management regarding potential mergers and acquisitions. The 30-day exclusive negotiation period with Skydance ended without a deal on May 3rd, leaving an opening for Paramount to consider Sony/Apollo's all-cash $26 billion offer. Regulatory concerns exist around the Sony/Apollo deal given the Biden administration's opposition to media consolidation. Skydance CEO David Ellison may withdraw from negotiations if Paramount pursues Sony/Apollo deeply instead of continuing exclusive Skydance talks.
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