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Paramount is on the verge of a deal: How it got here

Julie Hyman
·Host

Shares of Paramount Global (PARA) spiked in the afternoon on Thursday after a report revealed that Sony Pictures and Apollo Global Management (APO) submitted an all-cash $26 billion offer for the company. How did the Paramount get here, and where could it settle on a deal?

Yahoo Finance Reporter Alexandra Canal outlines the timeline behind Paramount's journey to a potential deal.

For more expert insight and the latest market action, click here to watch this full episode.

This post was written by Nicholas Jacobino

Disclosure: Apollo Global Management is the Parent Company of Yahoo Finance.