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.
By Katie Kilkenny Labor & Media Reporter Peter Akemann, the former president of Skydance Interactive, has pleaded guilty to flying the drone that collided with and subsequently grounded a Canadian ...
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 ...
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 ...
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.
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 ...
For the people running Skydance Media, a “quick and clean” regulatory approval to buy Paramount Global has been replaced by “long and slow” — and that’s if they’re lucky, On The ...
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(Bloomberg) -- CBS owner Paramount Global’s merger with film and TV producer Skydance Media should be reviewed by federal authorities because of the participation of China’s Tencent Holdings ...
EXCLUSIVE: On the heels of Twisters, which grossed over $370 million worldwide in theaters last summer, Oscar nominee Lee Isaac Chung has closed a deal with Skydance to direct The Traveler ...
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 ...