Sony Pictures Entertainment and Apollo Global Management have jointly offered to buy Paramount Global for $26 billion in cash, amid the company’s consideration of a merger deal with Skydance Media. Paramount’s board, led by controlling shareholder Shari Redstone, is evaluating options.

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Sony Pictures Entertainment and Apollo Global Management have jointly offered to buy Paramount Global for $26 billion in cash, amid the company’s consideration of a merger deal with Skydance Media. Paramount’s board, led by controlling shareholder Shari Redstone, is evaluating options.

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