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It’s unclear how Sony and Paramount’s ways on the entertainment business would mesh. Paramount has opted to comply with Netflix into the business of selling on to subscribers, signing up in excess of 71 million paying customers globally.
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Sony and Apollo believe that when they choose to promote the Paramount assets, there may be quite a few sensible potential buyers, the a few resources reported.
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The offer stalled past 7 days following the two sides have been not able to achieve an agreement following a month of special negotiations. Shareholders were being bearish on that offer, declaring it might enrich Ms. Redstone at their expense.
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