Legitimacy of Apex Capital Trust's $43 Billion Bid for Paramount Under Scrutiny
Questions arise over the financial credibility and transparency of Apex Capital Trust's offer as Paramount's special committee evaluates options.
- Apex Capital Trust claims a $43 billion all-cash offer for Paramount, including debt assumption and future spending.
- The legitimacy of Apex's financial resources and subsidiaries remains unverified by Reuters and other parties.
- Business Wire removed Apex's press release without explanation, adding to the uncertainty.
- Paramount's advisors have not received requested documentation from Apex to support its claims.
- Apex asserts it has significant assets and is willing to place $50 billion in escrow to demonstrate its financial capability.