Shares of Paramount Global (PARA) spiked in the afternoon on Thursday after a report revealed that Sony Pictures and Apollo Global Management (APO) submitted an all-cash $26 billion offer for the company. How did the Paramount get here, and where could it settle on a deal? Yahoo Finance Reporter Alexandra Canal outlines the timeline behind Paramount's journey to a potential deal. For more expert insight and the latest market action, click here to watch this full episode. This post was written by... Read this story