July 31 (Reuters) - Apex Capital Trust has submitted a
competing offer to acquire Paramount Global ( PARAA ) in an
all-cash deal for up to $43 billion, the investment firm said on
Wednesday.
Paramount has a 45-day "go-shop" period following the merger
agreement with David Ellison's Skydance Media, during which it
can receive another deal.
Paramount and National Amusements did not immediately
respond to Reuters' requests for comment.