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Apex Capital Trust Submits $43 Billion Bid for Paramount Global, Including Payment of $400 Million Breakup Fee to Skydance

By Todd Spangler Jul 31, 2024 | 1:22 PM

A rich new offer is on the table for Paramount Global — but it’s not clear if it will unseat Skydance Media’s existing deal to take over the media conglomerate. On Wednesday, Apex Capital Trust, a conglomerate of financial institutions and financial services providers, announced that it had submitted a competing offer to purchase Paramount […]