Negative
20Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 0
- Center
- 0
- Right
- 1
- Unrated
- 0
- Last Updated
- 44 days ago
- Bias Distribution
- 100% Right
Apex Capital Trust has launched a $43 billion all-cash bid to acquire Paramount Global, potentially igniting a bidding war with Skydance Media. Apex's offer includes $35 per share for Class A voting shares and $23.28 for non-voting Class B shares, both representing a 33% premium. The proposal also involves assuming Paramount's $15.8 billion debt and covering a $400 million breakup fee to Skydance. However, suspicions arose about Apex's legitimacy, with reports of spelling errors in their press release and questionable website registration. Despite these concerns, the bid arrives during Paramount's 45-day 'go-shop' period, allowing them to entertain superior offers. Paramount and National Amusements have yet to comment on Apex's bid or the ensuing controversy.
- Total News Sources
- 1
- Left
- 0
- Center
- 0
- Right
- 1
- Unrated
- 0
- Last Updated
- 44 days ago
- Bias Distribution
- 100% Right
Negative
20Serious
Neutral
Optimistic
Positive
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