Skydance Makes Offer to Purchase All of Paramount, Take Company Private; What Would That Mean for Audiences?
Posted: Thu Jan 25, 2024 6:18 pm
New reports indicate that Skydance Media would fully merge itself with Paramount Global if it acquired the company.
Merger and acquisition talks surrounding Paramount aren’t dying down. The latest company to come calling about potentially acquiring National Amusements — the holding company owned by Shari Redstone that controls 77% of Paramount Global’s voting stock — is Skydance Media, and new reports are providing additional details about what its takeover of Paramount would look like. It now appears that Skydance has not only made an initial offer to purchase Paramount but that the deal is contingent on being able to merge the two companies into a private entity.
Continue reading: @ https://thestreamable.com/news/skydance-makes-offer-to-purchase-all-of-paramount...
Merger and acquisition talks surrounding Paramount aren’t dying down. The latest company to come calling about potentially acquiring National Amusements — the holding company owned by Shari Redstone that controls 77% of Paramount Global’s voting stock — is Skydance Media, and new reports are providing additional details about what its takeover of Paramount would look like. It now appears that Skydance has not only made an initial offer to purchase Paramount but that the deal is contingent on being able to merge the two companies into a private entity.
Continue reading: @ https://thestreamable.com/news/skydance-makes-offer-to-purchase-all-of-paramount...