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Paramount might have another potential suitor.
Paramount might have another potential suitor.
Apollo Global Management, a private equity firm that owns the majority of Yahoo, is discussing a takeover or asset purchase with Paramount, according to a report from Axios.
Rumors about a potential Paramount merger or sale have been swirling for months. Skydance Media is also reportedly in the running to purchase Paramount’s parent company, while Warner Bros. Discovery’s rumored deal is on pause. Meanwhile, reports suggest Comcast is looking into offering a Peacock streaming bundle with Paramount Plus as well.