[Called off] Paramount and Skydance agree to terms of a merger deal

[StoriesWithPK]

A Paramount special committee and the buying consortium — David Ellison’s Skydance, backed by private equity firms RedBird Capital and KKR — agreed to the terms. The deal is awaiting signoff from Paramount’s controlling shareholder, Shari Redstone, who owns National Amusements, which owns 77% of class A Paramount shares

https://www.cnbc.com/2024/06/03/paramount-skydance-merger-deal-update.html

 

[StoriesWithPK]

 

[StoriesWithPK]

No Deal: Shari Redstone Ends Talks On Skydance Offer for Paramount Global

The mogul had been reviewing the offer from the consortium led by Skydance and RedBird Capital.

www.hollywoodreporter.com

 

[StoriesWithPK]

Why Shari Redstone went cold on a Paramount sale to Skydance

The mogul's stunning eleventh-hour reversal came after a financial deal had been reached with David Ellison's Skydance Media. For now, the storied media company will attempt to go it alone.

www.latimes.com

 

[Aksgr]

she now knows the value of each asset that she has. so its best to sell part by part instead as a whole

 

[StoriesWithPK]

Skydance Media Gets Board Committee Approval For Control Of Paramount Global After Lengthy Chase

Skydance Media has gained board committee approval for its proposed acquisition of Paramount Global controlling shareholder National Amusements.

deadline.com

 

[StoriesWithPK]

Top Of The Mountain: David Ellison’s Skydance Taking Over Paramount After $8 Billion Investment

David Ellison's Skydance Media has announced an $8 billion deal to take over Paramount Global, capping a seven-month quest.

deadline.com

 

[StoriesWithPK]

It’s Official: Skydance Wins the Battle for Paramount Global

David Ellison will be CEO of the company, with Jeff Shell to serve as its president when the deal closes.

www.hollywoodreporter.com

 

[Aksgr]

It’s Official: Skydance Wins the Battle for Paramount Global

David Ellison will be CEO of the company, with Jeff Shell to serve as its president when the deal closes.

www.hollywoodreporter.com

what about 45 days shopping period. i dont think anyone is interested?

 

[StoriesWithPK]

what about 45 days shopping period. i dont think anyone is interested?

The deal is signed already. 45 days doesn't matter now.