Skydance Media revised its offer for Paramount Global, valuing Paramount B-shares at a 26% premium, allowing non-voting shareholders to cash out at $15 per share.
Skydance Media revised its offer for Paramount Global, allowing non-voting Paramount shareholders to cash out at $15 per share. The new proposal values Paramount B-shares at a 26% premium compared to Friday's close. Skydance's offer follows a $26 billion all-cash bid from Sony and Apollo Global Management, which was recommended by Paramount's special committee.
June 02, 2024
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