Sony Pictures Entertainment and Apollo Global Management are in discussions to form a joint venture for acquiring Paramount Global. The potential deal, which is still under negotiation, could see Sony holding a majority stake with the option to later buy out Apollo using a put-call. This strategic move has significantly impacted Paramount's stock, which surged by approximately 12% in premarket trading following the news. The bid, if successful, could be valued at up to $29 billion.
Sony in talks with Apollo on joint bid for Paramount: Source https://t.co/Dbz0J5YH8o
Sony in talks with Apollo on joint Paramount bid https://t.co/fvpj4vu7Fk
Sony is considering joining up with Apollo Global Management on its bid to buy Paramount Global, Axios has confirmed. https://t.co/JubY73FUI7
⚠️ JUST IN: *SONY/APOLLO BID FOR PARAMOUNT COULD BE WORTH AS MUCH AS $29 BILLION - SOURCE $PARA $SONY $APO https://t.co/UYLFU8chjV
Sony Reportedly in Talks to Team Up for Paramount Bid https://t.co/OdTEGyo7uQ #Repost #Sony #Industry
$PARA (+9.5% pre) $SONY Sony, $APO Apollo discuss joint bid for Paramount, says source - Reuters https://t.co/ITd2KbeKPt
Sony mulling Paramount buyout - reports https://t.co/j0w37PFEi9 https://t.co/2lBSLaqnkK
Paramount jumps on report of Sony Pictures, Apollo discussing joint buyout bid https://t.co/oqtRMJnR3w https://t.co/dE54IHxm6d
Paramount $PARA stock surges on report Sony, Apollo are considering joint bid https://t.co/y8BR9j3KqO https://t.co/45lyCRp01x
⚠️ PARAMOUNT JUMPS ON REPORT OF SONY PICTURES, APOLLO DISCUSSING JOINT BUYOUT BID Full Story → https://t.co/zyPZyMNOlj Shares of Paramount Global rose more than 9% in premarket trade on Friday, after Reuters reported Sony Pictures Entertainment and Apollo Global Management… https://t.co/jEK3FoEMIm
PARAMOUNT GLOBAL SHARES JUMP 9.3% PREMARKET AFTER SONY, APOLLO DISCUSS JOINT BID FOR CO
Sony is reportedly in talks to join a joint bid with investment firm Apollo Global Management to acquire Paramount, according to an article from the New York Times today. https://t.co/wqYVC6nQ0h https://t.co/6q53zlys0u
Sony Reportedly in Talks to Team Up for Paramount Bid https://t.co/OdTEGyo7uQ #Sony #Industry
Sony, Apollo discuss joint bid for Paramount, says source https://t.co/5RzQaykjla https://t.co/bOADIkxOSY
Sony, Apollo mulling bid for Paramount (reports) https://t.co/O6Q4mSYnM5
⚠️ SONY, APOLLO DISCUSS JOINT BID FOR PARAMOUNT, SAYS SOURCE Full Story → https://t.co/5YJf70Eyod https://t.co/tZZro4fi3Y
Sony in talks to team with Apollo to bid for Paramount https://t.co/NQ5MYEhrwO
Sony in talks with Apollo to team up on bid to buy Paramount: sources https://t.co/BvwLqhyogV https://t.co/CbVKmiDEXg
Bid gets a boost! Sony Pictures Entertainment is in talks to team with Apollo to bid for Paramount. If a deal were consummated, Sony would control the venture with a significant majority stake, sources say. @latimes https://t.co/dDzo4rOt4g
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… https://t.co/0u0DKEjk8J
Sony and Apollo Weigh Joint Bid for Paramount Global https://t.co/fcHm1m7jrp
Sony Pictures Entertainment and Apollo Global Discuss Possible Joint Bid for Paramount Global https://t.co/heS7LDOi5d
Sony and Apollo discuss teaming up to bid for Paramount Global https://t.co/jiGo9IF7zM
Update on the $SONY + $APO "bid" for $PARA from various public sources: 1) The companies haven't submitted an official offer 2) Tony Vinciquerra leads Sony Pictures, and he has been holding discussions with Apollo about a joint deal 3) Would potentially be a cash offer, to be…
Sony In Talks To Team With Apollo In Bid For Paramount Global https://t.co/kOHZPK0Aaw
Sony In Talks For A Bid On Paramount https://t.co/zUkkZ2hwmM https://t.co/kYEgKLS3hr
Sony Pictures is in talks to buy Paramount Pictures, in a joint bid with investment firm Apollo. (via @nytimes) https://t.co/AsYfm65iBn
Sony Enters Talks With Apollo for a Joint Bid to Acquire Paramount https://t.co/HtKypoo0vM
Sony Is in Talks With Apollo on a Joint Paramount Bid https://t.co/IJJVdxLg9J
Sony Joins Talks To Buy Paramount—Boosting Paramount Shares 12% https://t.co/KoHZvHvsei https://t.co/TGYYZgXyh2
Sony Pictures and Apollo Global Management are reportedly in talks for a joint bit to acquire Paramount. @sherman4949 reports on what the potential deal could mean for Paramount. $PARA https://t.co/DOujqH5KMB
"Sony Pictures Entertainment and Apollo Global Management, an investment firm, have been in discussions about teaming up for a joint bid to acquire Paramount" https://t.co/XM9mfFGYaB https://t.co/fWZzbTa81Z
Sony is reportedly in talks to join a bid to buy Paramount. (https://t.co/r48TF3CTF0) https://t.co/rBUzvBmB08
Sony Pictures is reportedly in talks to buy Paramount (via: @nytimes) https://t.co/jq0VfbVrbI
$SONY and Apollo Global $APO are reportedly in talks about teaming up for a joint bid to acquire Paramount $PARA - NYT
Sony is said in talks with Apollo on a joint offer for Paramount https://t.co/FxmG7Hhd1R
Sony Pictures Entertainment and Apollo Global Management, an investment firm, have been in discussions about teaming up for a joint bid to acquire Paramount, people familiar with the situation said Thursday. https://t.co/qN86H4y7Va
Sony Pictures is in talks to buy Paramount Pictures They will make a joint bid with investment firm Apollo. (Source: https://t.co/AocUY0fBmO) https://t.co/ipyZWyBRjS
this would be terrible for the movie business. Sony would just turn Paramount into label. Skydance reportedly wants to invest https://t.co/uVgcnbnjXx
Sony Pictures is in talks to join Apollo’s bid for Paramount Pictures. (via https://t.co/TuAvXB3jjb) https://t.co/2CLmRuscVR
* SONY IN TALKS WITH APOLLO ON JOINT BID TO BUY PARAMOUNT: NYT @JohnSpall247 @nytimes $PARA @BenMullin @LaurenSHirsch https://t.co/N9xzOEQI9g
BREAKING: $SONY is in talks with Apollo $APO on a joint bid to buy Paramount, according to the NYTimes
Sony In Talks To Join A Bid To Buy Paramount - NYT https://t.co/KcjEEJZYiD
Under one structure being contemplated, Paramount would be taken private in a joint venture co-owned by Sony and Apollo. Sony would have a majority stake and could at some point buy out Apollo through a put-call. https://t.co/6dBrF0zaLQ
.@davidfaber has the latest on Paramount's potential merger with Skydance. https://t.co/hHeWw5fRsU