Apollo Out, Culture In : The Paramount Takeover Saga and Changes in Wall Street's Image Shift.
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| From Bidding War to Chill Vibes: Paramount Seeks Buyer as Apollo Prioritizes Culture Shift |
Update on Paramount's acquisition: Apollo is out, and while they're currently eyeing their prize:
Meanwhile, Apollo Global Management is reportedly staying away from a potential takeover by Paramount Global.
And, Apollo is concerned that the challenges posed by the FCC's ongoing regulatory approval and current rejection of such a deal have created difficulties in navigating the deal.
David Ellison and Byron Allen are also mentioned as buyers. And are interested in these.
Meanwhile, the Redstone family, which controls Paramount, wants to sell the company, but at the same time wants to impose some control.
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Apollo Global Makes a Cultural Shift: From "Super Aggressive" to "Super Nice":
Based in regions such as North America and Europe, Apollo Global is reportedly looking to hire 350 new employees by 2023.
On the other hand, this company wants to spread its empire i.e. the origin of its company and the company in various areas and not only to increase its value but also to increase its new product related offers.
Source :
Apollo Global hired 350 people last year. "It's a super nice, low-ego place now"
