May 2, 20243 min read, 597 words
Published: May 2, 2024 | 3 min read, 597 words
Apollo and Sony have sent a letter to the Paramount board expressing formal interest in doing a $26 billion takeover of the company. A Skydance consortium could hear from a Paramount special committee on a recommendation of next steps as soon as Thursday, according to people fami...
CRITIC REVIEWS
Lack of Reliable Sources
May 2
The article informs that Sony and Apollo sent a letter expressing interest in a $26 billion Paramount buyout as the company considers a Skydance bid. The value is higher than the company’s current $22 billion enterprise value. However, the source of the report is an anonymous source, which makes it impossible to confirm the information with certainty.
May 2
PUBLIC REVIEWS
Well Sourced
Jun 3
It was likely written from a direct communication between Sony and Apollo and, therefore, based on a foundation of facts.
Jun 3