Larry Ellison USA Mexico Canada city Redbird information google Provident Enterprise UPS Тикеры Markets Larry Ellison USA Mexico Canada city Redbird

New Paramount Bidder Apex Capital Trust Enters Fray With All-Cash Offer

Reading now: 556
deadline.com

With three weeks remaining in the “go-shop” period of Paramount Global‘s proposed merger with Skydance, it has emerged that a new suitor has joined the fray.

Apex Capital Trust, a conglomerate of financial institutions and financial services providers, said it submitted a competing offer to purchase Paramount Global shares after the market closed on July 12.

That was less than a week after the two-step Skydance-Paramount deal was announced, in which Skydance and its backers would acquire Paramount controlling shareholder National Amusements before a full merger with Paramount.

Skydance and its backers, including RedBird Capital and Oracle co-founder Larry Ellison, were understood to be putting $8 billion into the deal.

Read more on deadline.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA