[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