crash4switch| Paramount Universal surged more than 11%, as Sony and Apollo negotiated to buy it
Gelonghui April 19| Film giant Paramount Universal (PARAcrash4switch.US) rose more than 11% to 12crash4switch.23 dollars. informed sourcescrash4switch, Sony and Apollo Global Management are considering a joint bid for film giant Paramount Universal. people familiar with the matter saidcrash4switchThe two companies have not yet submitted formal offers. Last week, Tony Viniquerra, head of Sony Pictures Entertainment, discussed cooperation with Apollo. It is reported that Sony Apollo will acquire shares in Paramount Universal in cash and privatize Paramount Universal through a joint venture.
