Paramount Global Shares Surge Amid Potential Acquisition Talk
In a significant shift in the media landscape, shares of Paramount Global soared over 10% on Friday following reports of a potential joint bid involving Sony Pictures Entertainment and Apollo Global Management. A frenzy of speculation surrounds the fate of the media company as it weighs its options amidst ongoing exclusive deal conversations with Skydance Media, spearheaded by David Ellison.
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