Category: reticent
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Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports By Reuters
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(Reuters) – Sony (NYSE:) Pictures Entertainment and Apollo Global Management (NYSE:) have signed nondisclosure agreements allowing them to look at Paramount’s books ahead of a potential bid to buy the movie studio’s assets, the New York Times reported Friday, citing people familiar with the material. The newspaper said that the…