Sony in talks to team with Apollo to bid for Paramount
Los Angeles Times -

Sony Pictures Entertainment is in talks to join Apollo Global Management in its $26-billion bid for Paramount Global — a partnership that would boost the private equity firm's efforts to wrangle the prize. While the talks are preliminary, the two sides have been hashing out the contours of a deal that would have the Culver City-based Sony film and television studio take the lead in the partnership. If a deal were consummated, Sony would control a significant majority stake in Paramount,...

Related Articles

Latest in News

More from Los Angeles Times