Paramount Board's Special Committee Says It Is "Bound" By Merger Pact With Skydance; "There Will Not Be Any Engagement" With Rival Bidders
A special committee of Paramount Global’s board of directors says it is “bound” by a pending agreement to merge with Skydance ...
Paramount ends annual funding to Save the Music, prompting foundation to go indie
Save the Music, the nonprofit foundation that grew in popularity on cable TV in the late 1990s through the 2000s, is going ...
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Paramount ‘bound’ to Skydance deal
PRP has reportedly claimed the board is obligated to consider its revised offer, although the move has been described by one ...
Paramount Global Rejects Last-Minute Counteroffer from Project Rise Partners, Reaffirms Commitment to Skydance-RedBird Sale
As Skydance Media and RedBird Capital Partners work to close the Larry Ellison-backed takeover of Paramount Global this ...
Paramount rejects Project Rise’s $13.5B offer, Cord Cutters News reports
Global has rebuffed an unsolicited $13.5B takeover offer from a consortium of investors called Project Rise Partners and has ...
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Trouble for Skydance? Paramount receives last-minute $13.5B takeover bid
US media conglomerate Paramount Global has received a last-minute $13.5 billion takeover bid from Project Rise Partners (PRP) ...
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Paramount, Skydance hit back after critics slam pending merger’s potential liberal bias, foreign influence
Paramount Global and Skydance Media punched back at critics of their pending merger, saying that they fail to show they’ll be harmed by the deal and instead their demands threaten free speech ...
Judge rules Paramount must give pension fund deal files, Bloomberg says
Delaware Chancery Court Travis Laster ruled Wednesday that the Employees’ Retirement System of Rhode Island, which owns Paramount (PARAA) ...
Skydance Could Unlock Paramount's Value
Paramount Global is undervalued according to valuation metrics, but faces substantial debt and fluctuating cash flows. Click ...
Paramount, Skydance Ask FCC to Dismiss ‘Unwarranted’ and ‘Meritless’ Objections to $8 Billion Merger
The deal, which is on track to close in the first half of 2025, is currently under review by the agency due to a required transfer of broadcast licenses ...