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Sony wants to buy Paramount with the help of yet another private equity firm.
Private equity firms are a blight on society, but Sony is hoping that its offer to buy Paramount for about $26 billion with the help of Apollo Global Management will be tempting enough to get the studio to consider biting — something Skydance and its private equity partner Redbird Capital Partners haven’t been able to do just yet.
Sony and Apollo Express Interest in Buying Paramount in $26 Billion Deal
[The New York Times]
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