Paramount shareholder sues Skydance Media over merger
The lawsuit, filed in Delaware, claims the proposed merger stands to substantially benefit one person: Shari Redstone
Shari Redstone
Skydance reaches tentative deal to acquire Paramount for $1.75 billion
The deal would involve a purchase of National Amusements, then an immediate merger with the famed movie studio.
Skydance Media merger with Paramount appears dead
National Amusements owner Shari Redstone has ended discussions with Skydance Media about offloading her controlling stake in Paramount Global.
Sony, Apollo offer $26 billion in cash for Paramount
Sony and Apollo Global Management have formalized their $26 billion all-cash bid for Paramount Global.
Paramount misses on revenue, TV business sees lift from Super Bowl during Q1
Paramount Global’s CEO Bob Bakish will depart from the company on Tuesday; the company missed revenue estimates during Q1, but beat on earnings.
Paramount CEO Robert Bakish likely out this week
Paramount CEO Bob Bakish could be replaced as soon as this week, according to a report published over the weekend.
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.
Paramount Global will pursue merger with Skydance Media
The decision comes despite an offer from Apollo Global Management to buy the company for $26 billion.
Skydance owner makes preliminary offer to acquire Paramount parent company
The offer is contingent upon merging the Paramount brand with Skydance Media, according to reports.