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Aspen Sky Trust

The front of the Paramount Pictures studios in Los Angeles, California. (Stock image by Hannah Wernecke via Unsplash)

Shareholder group sends legal demand to Redstone over Paramount-Skydance merger

The cease-and-desist letter was sent by an attorney representing Aspen Sky Trust on Wednesday.

Four to depart Paramount Global board amid Skydance merger talks

Dawn Ostroff, Frederick Terrell, Rob Kleiger and Nicole Seligman are said to be leaving Paramount's board in the coming weeks.

The Paramount Pictures lot in Southern California.

Another investment firm criticizes Paramount-Skydance merger talks

Aspen Sky Trust characterized Skydance's offer as "undervalued," one that would benefit Shari Redstone over other shareholders.

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