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Underneath the conditions presently staying contemplated while in the Sony-Apollo tie-up, Sony can be a managing shareholder, with Apollo possessing a minority stake, based on the two individuals acquainted with the bidders’ strategy.
The committee also made a decision to thrust for even more negotiations with Skydance, a studio founded with the know-how scion David Ellison.
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Skydance could nevertheless strengthen its bid, but just one particular person accustomed to the business’s technique explained it had been unwilling to continue negotiating only to travel up the value for another suitor.
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