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.
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 ...
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 ...
In early 1990s has created and managed ITI Cinema, a film distribution company that held exclusive rights from the major US studios; Warner Brothers, Universal, Paramount, MGM and Columbia.
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 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 ...
For the people running Skydance Media, a “quick and clean” regulatory approval to buy Paramount Global has been replaced by “long and slow” — and that’s if they’re lucky, On The ...
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 ...
Under the terms of the Skydance deal, new Paramount will have an enterprise value of $28 billion, while Skydance is being valued at $4.75 billion. National Amusements will receive $2.4 billion ...