May 6, 10:49 PM

Apollo-Sony Bid for Paramount Faces $28 Billion Hurdles, Potential No Deal at $21.50 Per Share

Industry insiders suggest that the Apollo-Sony bid for Paramount faces potential regulatory hurdles, with a possibility of no deal being reached. Sources indicate a bid of about $28 billion for Paramount, with $PARA B shares valued at $21.50 each. Regulatory analysts anticipate approvals may require divestitures and time. Speculation arises on Paramount going independent due to potential legal challenges and media ownership concerns.

#Paramount

Written with ChatGPT (GPT-3).

Sources

Rich Greenfield, LightShed 🔦@RichLightShed
3 years ago
⚡️ More Signs Paramount Will Go it Alone ⚡️ $PARA Katzenberg shocks @mattbelloni at Milken Institute #MIGlobal https://t.co/cO9EKhjPBe
Rich Greenfield, LightShed 🔦@RichLightShed
3 years ago
⚡️ More Signs Paramount Will Go it Alone ⚡️ $PARA Katzenberg shocks @MattBelloni at @MilkenInstitute #MIGlobal https://t.co/gfTGPSlb5I
Charles Gasparino@CGasparino
3 years ago
The other thing to consider with the Apollo- @Sony deal for @paramountco $PARA is the general reluctance of allowing private equity to have an ownership stake in media assets by regulators, less so if Trump is elected of course, but still an issue. Throw in foreign ownership you…

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