skillzblackoutbingo| Paramount Universal surged more than 11%, as Sony and Apollo negotiated to buy it

Gelonghui April 19| Film giant Paramount Universal (PARAskillzblackoutbingo.US) rose more than 11% to $12.23. informed sourcesskillzblackoutbingo, Sony and Apollo Global Management are considering a joint bid for film giant Paramount Universal. People familiar with the matter said the two companies have not submitted formal offers. Last week, Tony Viniquerra, head of Sony Pictures Entertainment, discussed cooperation with Apollo. It is reported that Sony Apollo will acquire shares in Paramount Universal in cash and privatize Paramount Universal through a joint venture.