Steven Paul, one of the people vying to take control of Paramount Global, is a friend of the company’s board chair, Shari Redstone, and has an office on the Paramount lot, according to people close to him.
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Shari Redstone receives fewest votes in Paramount board electionRedstone received 32.2 million votes for her election to the board, the lowest out of the six candidates, while also getting the most votes against her...
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Paramount’s Rival Bidders Include the Patrón Tequila BillionaireJohn Paul DeJoria, the billionaire co-founder of Patrón tequila and Paul Mitchell hair care products, is among the deep-pocketed investors who’ve made a bid to take over Paramount Global.
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Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reportsThe companies are, however, backing away from an initial plan to make an all-cash $26 billion offer for Paramount, the newspaper said. Reuters reported this...
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Sony, Apollo Global take another step in Paramount talksSony (SONY) and Apollo Global (APO) have taken a step forward in their efforts to court Paramount (PARA, PARAA), as the two groups have signed non-disclosure...
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Can Sony, Apollo sell CBS if they do acquire Paramount?Paramount (PARA, PARAA) is in deal talks with Sony (SONY) and Apollo Global (APO), but should the potential suitors acquire the media giant, they have plans ...
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Sony’s Plans for Paramount Include Sale of Famous Studio LotSony Group Corp. plans to sell the historic Paramount Pictures lot in Los Angeles, featured in films such as Sunset Boulevard, if it succeeds in buying the studio’s parent company, according to people familiar with management’s thinking.
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