Variety25d
Paramount Hit With Legal Letter to Consider Last-Minute $13.5 Billion Offer From Outside Investors Over Skydance Bid (EXCLUSIVE)
After canvassing the market for over nine months, the Board concluded that Skydance was the only actionable, fully financed offer available,” the letter continues. “Paramount Directors ...
Seeking Alpha5d
Paramount: Extremely Attractive Arbitrage Play Into $15 Class-B Offer
While I doubt the PRP offer will slow down the Skydance merger destination with Paramount, the point investors should note is the new Paramount Class-B shares could be worth considerably more than ...
Seeking Alpha22d
Paramount: Guerilla Strike Offer Superior To Skydance Throws Closing Into A Possible Legal Mess
Project Rise Partners' (PRP) $13.5B offer for Paramount challenges Skydance's $4.75B deal, raising legal questions about the go-shop window and the board's fiduciary duties. PRP claims their ...
TheWrap7d
New York City Pension Funds Sue to Pause Paramount-Skydance Deal Over $13.5 Billion Offer
Five of New York City’s pension funds have filed a class-action lawsuit seeking to pause Paramount’s pending $8 billion merger with Skydance Media, alleging that controlling shareholder Shari ...
AOL25d
Paramount Global Rejects Last-Minute Counteroffer From Project Rise Partners, Reaffirms Commitment to Skydance-RedBird Sale
After canvassing the market for over nine months, the Board concluded that Skydance was the only actionable, fully financed offer available,” the letter continues. “Paramount Directors ...
The Hollywood Reporter11d
Paramount to Turn Over Records on Skydance Deal Amid Standoff With FCC
A Delaware court ruled that Paramount ... investment in Skydance and undervalue Paramount. Others revolve around allegations that the board failed to seriously consider better offers, including ...
Pensions&Investments7d
NYC pension funds sue to delay Paramount-Skydance deal pending court review of alleged fiduciary breach
The five pension funds in the New York City Retirement Systems have jumped into the proposed $8.4 billion takeover of ...
Honolulu Star-Advertiser4d
Shari Redstone kills potential Paramount merger with Skydance
LOS ANGELES >> Media heiress Shari Redstone abruptly ended talks with David Ellison’s Skydance Media today ... Ellison’s team reduced its offer for her Paramount holdings.
Yahoo Finance26d
Paramount Hit With Legal Letter to Consider Last-Minute $13.5 Billion Offer From Outside Investors Over Skydance Bid (EXCLUSIVE)
Here comes a plot twist: As Skydance ... Paramount Global this spring, a consortium of investors who previously bid on the storied media conglomerate is mounting an eleventh-hour $13.5 billion offer.
Yahoo Finance26d
Paramount Hit With Legal Letter to Consider Last-Minute $13.5 Billion Offer From Outside Investors Over Skydance Bid (EXCLUSIVE)
As Skydance Media and RedBird Capital Partners work to close the Larry Ellison-backed takeover of Paramount Global this spring, a consortium of investors who previously bid on the storied media ...
Yahoo Finance25d
Paramount Hit With Legal Letter to Consider Last-Minute $13.5 Billion Offer From Outside Investors Over Skydance Bid (EXCLUSIVE)
Ziman and Gross fronted the previous offer, which they say was never presented to the board. Reps for Skydance and Paramount Global declined to comment. A spokesperson for the Paramount board’s ...