Paramount Global (PARA): $12.44
EV: $22.75B
The potential acquisition of Paramount Global heated up again last Friday when the New York Times reported that Sony is now in joint talks with Apollo for a potential bid for the media giant.
After the various twists and turns about this rumored deal we have been reporting since the start of this year, starting with Media mogul Byron Allen $14.3 billion offer and the more recent convoluted potential deal with Skydance, this joint Sony and Apollo deal makes the most sense.
You can check out the play by play evolution of all the offers in our Deals In The Works Tool but a brief timeline of this potential deal is given below: