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home / news releases / APO - Paramount: Apollo Coming Around The Turn Ready To Pounce If Skydance Deal Falters

APO - Paramount: Apollo Coming Around The Turn Ready To Pounce If Skydance Deal Falters

Apollo Global Management LLC Class A Representing Class A Limitied Liability Company Interests

2024-04-05 12:47:00 ET

Summary

  • The Skydance deal for Paramount Global faces potential lawsuits and needs to be more equitable for holders compared to the $26B Apollo Global offer.
  • Allen deal is fair but too debt-dependent, making it a non-starter.
  • Apollo's offer of $26B could increase if Skydance talks stall, and shareholders want a fair price for their patience.

Premise : Any Paramount Global (PARA) (PARAA) deal that has unfair optics for holders will encounter an invasion of massive lawsuits provoking a golden welfare program for lawyers that could take months. The key to a deal here is how equitable it appears to holders, and not Shari Redstone, President of National Amusements ("NAI"), alone. Not an easy endgame for David Ellison's Skydance....

For further details see:

Paramount: Apollo Coming Around The Turn Ready To Pounce If Skydance Deal Falters
Stock Information
Company Name: Apollo Global Management LLC Class A Representing Class A Limitied Liability Company Interests
Stock Symbol: APO
Market: NYSE
Website: apollo.com
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