A special committee of Paramount Global’s board of directors says it is “bound” by a pending agreement to merge with Skydance Media and will not consider an 11th-hour offer from a rival bidder.
Here comes a plot twist: As Skydance Media and RedBird Capital Partners work to close the Larry Ellison-backed takeover of Paramount Global this spring, a consortium of investors who previously ...
A judge has granted the Employees’ Retirement System of Rhode Island (ERSI) request to obtain books and records from Paramount Global related to its pending $8 billion merger with Skydance Media.
Paramount and Skydance Media are additionally trying to merge to create “New Paramount” in a deal valued at $8 billion. Skydance is currently run by David Ellison, the son of billionaire ...
Valuation metrics indicate Paramount is undervalued, with a low P/E ratio and significant assets, but it faces substantial debt and fluctuating cash flows. The Skydance deal could unlock Paramount ...
CBS’ parent company Paramount is in talks with Trump’s team over settling its lawsuit with the president ahead of the FCC’s review of its merger with Skydance Media. LightRocket via Getty ...
For the people running Skydance Media, a “quick and clean” regulatory approval to buy Paramount Global has been replaced by “long and slow” — and that’s if they’re lucky, On The ...
Paramount has said it is “bound” by its agreement with Skydance Media following a late intervention by PRP Group to stop the sale. In a statement provided to Deadline, the Paramount Global special ...
Project Rise Partners' (PRP) $13.5B offer for Paramount challenges Skydance's $4.75B deal, raising legal questions about the go-shop window and the board's fiduciary duties. PRP claims their ...
Redstone, whose father founded Paramount, would make billions of dollars off the merger with Skydance, which is backed by Trump-boosting billionaire Larry Ellison and run by his son David.
The request comes amid a lawsuit from President Trump and the pending merger between Paramount and Skydance. By Caitlin Huston, Winston Cho CBS News says it will comply with a request from the ...
But Paramount Global is seeking the greenlight for its sale to Skydance, something that requires the regulatory approval of the Trump administration. Brendan Carr, who Trump appointed to lead the ...