Mediagazer: Apex Capital Trust submits an offer to acquire Paramount Global, offering an all-cash deal for up to $43B that includes paying a $400M breakup fee to Skydance (Reuters)

3:05 PM ET, July 31, 2024

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Reuters:

Apex Capital Trust submits an offer to acquire Paramount Global, offering an all-cash deal for up to $43B that includes paying a $400M breakup fee to Skydance — Apex Capital Trust has submitted a competing offer to acquire Paramount Global (PARA.O) in an all-cash deal for up to $43 billion, the investment firm said on Wednesday.

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