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.
Aspen Sky Trust
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.
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.