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Sony Pictures and private equity firm interested in buying Paramount for $26 billion, AP source says

By MATT OTT and PAUL HARLOFF
Associated Press

Sony Pictures and Apollo Global Management have expressed interest in buying Paramount Global for $26 billion. That’s according to a person familiar with the details. Sony would be the majority shareholder and Apollo would have a minority stake, according to the person, who requested anonymity because details of the offer have not been made public. The Sony-Apollo offer was first reported by The Wall Street Journal.

Article Topic Follows: AP National

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