Why Apollo has a leg up in Paramount deal: Analyst

Yahoo Finance Video
6 個月前

Needham & Co. Senior Media and Internet Analyst Laura Martin joins Yahoo Finance Live to share her perspective on the potential deal-making surrounding Paramount Global (PARA). According to Bloomberg reporting, Skydance Media has reached a tentative deal with majority Paramount stakeholder Shari Redstone to acquire her shares.

Martin expresses the view that "the more complicated the deal, the less likely it gets done." With two companies vying for ownership of Paramount — Skydance and Apollo Global Management — she notes that the Skydance deal is more complex than the Apollo deal, which she believes gives Apollo a distinct advantage for their deal to go through.

Note: Apollo Global Management is a majority owner of Yahoo, Yahoo Finance's parent company.

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Editor's note: This article was written by Angel Smith