July 31 (Reuters) - Apex Capital Trust:

* APEX CAPITAL TRUST: SUBMITS COMPETING BID OF UP TO $43

BILLION

FOR PARAMOUNT

* APEX CAPITAL TRUST: PARAMOUNT HAS UNTIL AUGUST 21, 2024,

TO

IDENTIFY AND EVALUATE COMPETING OFFERS THAT COULD BE SUPERIOR TO

SKYDANCE'S DEAL

* APEX CAPITAL TRUST: OFFER INCLUDES TO ASSUME PARAMOUNT'S

DEBT

TOTALING ABOUT $15.8 BILLION

* APEX CAPITAL TRUST: PARAMOUNT HAS UNTIL AUG 21 TO IDENTIFY

&

EVALUATE COMPETING OFFERS THAT COULD BE SUPERIOR TO SKYDANCE'S

DEAL

* APEX CAPITAL TRUST: APEX ALSO COMMITTED TO INFUSING ABOUT

$10

BILLION INTO PARAMOUNT'S WORKING CAPITAL POST-CLOSING OF

PROPOSED DEAL

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