Paramount Plan To Pay Off Trump Sparks California Senate Probe, Requests For Ex-CBS News Brass To Testify

Shar Redstone's dream of seal the $8B sale of Paramount to Skydance may have hit a barrier in Sacramento

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Edgar Bronfman “Exiting” $6B Bid For Paramount, Clears Way For Skydance Merger

The Paramount Global ball is back in Skydance‘s court as Edgar Bronfman has suddenly discontinued his $6 billion bid for the Shari Redstone-run media giant. “Tonight, our bidding group informed the special committee that we will be exiting the go-shop process. It was a privilege to have the opportunity to participate,” Bronfman announced Monday evening. […]

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Paramount Stock Rides Roller Coaster Back Down After Report That Shari Redstone Is “Unconvinced” By Apollo Offer For Studio
#Executives #News #NationalAmusements #Paramount #Paramountglobal #ShariRedsone

https://deadline.com/2024/03/paramount-stock-shari-redstone-apollo-offer-studio-1235864990/

Paramount Stock Rides Roller Coaster Back Down After Report That Shari Redstone Is “Unconvinced” By Apollo Offer For Studio

Paramount Global shares, which soared Wednesday on news of a potential M&A deal, has slumped today after a report splashed cold water on the scenario.

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Paramount Merger And Acquisition Plans Uncertain

As 2023 began, Covid was waning, Top Gun: Maverick was a billion-dollar Oscar Best Picture nominee, and Shari Redstone’s place in the media firmament felt secure after a years-long quest to r…

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