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Paramount Shares Fall on Report That Sony Is Rethinking Bid

Paramount Shares Fall on Report That Sony Is Rethinking Bid
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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Paramount Global stock jumps on reports of $26B Sony-Apollo takeover offer

Paramount Global stock jumps on reports of $26B Sony-Apollo takeover offer
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.

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Paramount: Paramount will let exclusive talks with Skydance lapse

Paramount Global will end exclusive negotiations with Skydance Media without a deal, opening the door for a rival bid. Sony Pictures Entertainment and Apollo Global Management have expressed interest in acquiring Paramount Global for $26 billion. The move comes amidst internal turmoil at Paramount, including the replacement of CEO Bob Bakish. Paramount has been struggling with the aftermath of Hollywood strikes, a soft advertising market, and competition in the streaming sector. The potential acquisition would strengthen Sony s position in the North American box office and create a formidable Hollywood studio. ....

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