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Jon Lafayette

Paramount Stock Jumps on Report of $26 Billion Bid From Sony Pictures and Apollo Global

Paramount Apollo Sony Sony Pictures Shari Redstone Skydance Skydance Media National Amusements

Paramount studio gate in Los Angeles.

Sony Pictures and Apollo Global Management have made a $26 billion cash offer for Paramount Global, according to published reports.

Shari Redstone, whose family investment company National Amusements owns a controlling voting interest in Paramount, has been pursuing a deal with Skydance Media, which would pay a premium for National Amusements.

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