A seemingly 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 on July 12 it had submitted a competing offer to purchase Paramount Global shares with a total commitment of up to $43 billion.
It’s unknown how receptive Paramount and Shari Redstone’s National Amusements Inc., the controlling shareholder, may be to the unsolicited offer. But they are obligated to review any such formal offer in some fashion. Reps for Paramount Global and
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