This just in - I believe this is the same outfit (APPOLLO) that has bought a portion of AT&T retiree pension assets. I wonder where some of that potential $26 billion purchase price for Paramount is being financed - maybe with your pension assets. Apollo gets all the potential gain, you take all the risk, and JS gets his bonus for reducing expense.
RAISE HE-L!!!!!!
"Sony Pictures Entertainment and the private equity giant Apollo Global Management have formally expressed interest in acquiring Paramount for roughly $26 billion, according to two people familiar with the matter, a move that adds drama to an already chaotic deal making process."