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Sony Pictures and Apollo Bids to Buy Paramount Global for $26 Billion Sony Pictures and Apollo's $26 Billion Bid for Paramount Global

  • Sony Pictures Entertainment and Apollo Global Management have made a $26 billion all-cash bid to acquire Paramount Global.
  • The bid presents a compelling alternative to Paramount Global's potential merger with Skydance Media.
  • A Sony Pictures-Paramount Pictures merger could lead to significant layoffs and reshape the entertainment industry.
  • Paramount Global faces a critical decision point in determining its future trajectory.

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