Paramount, Skydance
Paramount, Skydance deal faces court challenge
Skydance Media’s proposed $8 billion deal to take over Paramount Global has taken yet another turn with one Paramount investor launching a legal challenge to stop the deal. The lawsuit submitted by investor Scott Baker claims the deal would cost Paramount shareholders $1.65 billion, reports Reuters.
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David Ellison's Skydance Media is moving closer to its goal of acquiring Paramount Global after a key vote was taken by ...
National Amusements, which owns about 77% of the voting shares of Paramount, has referred the new deal to the special committee for review. The panel met Tuesday evening to discuss it, the people ...
The deal sets aside $4.5 billion to buy shares of Paramount ... of the transaction will be for Paramount to absorb Ellison’s Santa Monica-based Skydance Media, which has sports, animation ...
July 3 (Reuters) - Skydance Media's deal to acquire theater operator National Amusements, with its controlling interest in Paramount Global (PARA.O), opens new tab, could be finalized by ...
CNBC reported on Wednesday that Skydance would buy 50% of the media ... for Paramount shareholders or Redstone personally. National Amusements has referred the Skydance deal to a special ...
Paramount Global agreed to merge with Skydance Media in a deal that hands control of the ... pay down Paramount’s debt and $4.5 billion to buy Paramount shares. Paramount shares rose ...
The Redstone family submitted the offer from Ellison’s Skydance ... deal closes, knowledgeable people said. The arrangement also would set aside $4.5 billion to buy shares belonging to ...
Skydance Media’s deal to acquire theater operator National Amusements, with its controlling interest in Paramount Global, could be finalized by Monday, sources familiar with the deal process ...
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