Sony, Apollo discuss joint bid for Paramount, says source

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. WCN
6. SPOT
7. BMY
8. SPY
9. FIX
10. TSCO

Go back to Sony, Apollo discuss joint bid for Paramount, says source

Paramount stock surges on report Sony, Apollo are considering joint bid

April 19, 2024 4:19 AM EDT

Shares of Paramount Global (NASDAQ: PARA) jumped 9% in premarket trading Friday on reports that Sony Pictures Entertainment and Apollo Global Management are considering a joint bid for the mass media and entertainment conglomerate.

The potential bid comes as Paramount is currently engaged in exclusive negotiations with Skydance Media, led by David Ellison. However, some investors are... More