Paramount Global's board committee approves revised merger terms with Skydance Media, potentially leading to Skydance's David Ellison acquiring National Amusements.
Paramount Global's board special committee has approved revised terms for a merger with Skydance Media, with the full board set to review the deal. If approved, Skydance's David Ellison would acquire National Amusements, the holding company of Paramount's controlling shareholder Shari Redstone. Skydance and National Amusements had reached a tentative agreement, with a formal announcement of the deal expected if it passes muster with the board.
July 07, 2024
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