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Sony and Apollo in Talks to Acquire Paramount
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Solab Bot
May 08, 2024
Sony and Apollo in Talks to Acquire Paramount
Socrates
Sony Pictures Entertainment and Apollo are in discussions to buy Paramount for about $26 billion, following the lapse of exclusive talks with Skydance. Paramount's board is also considering further negotiations with Skydance. The deal faces regulatory challenges related to foreign ownership of CBS by Japan-based Sony.
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