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Published on 21 Mar 2024 on Benzinga

Paramount in the Spotlight, Apollo Global Management Bids Big For Film and TV Studio - Apollo Global...

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Apollo Global Management Inc APO has placed an $11 billion bid to purchase the film and TV studio of Paramount Global PARA PARAA, outpacing the company’s entire market value of approximately $7.7 billion. 

This proposal is part of a broader review by Paramount’s independent committee. 

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