Paramount and Skydance are even nearer to creating a deal.
Yesterday, the NYT mentioned there have been discussions of getting into unique talks, and now multiple outlets report the businesses have entered a 30-day unique negotiating window. Bloomberg even says, “Shari Redstone, Paramount’s controlling shareholder, has reached a tentative settlement to promote her stake to Skydance.”
The maintain up now’s apparently the second step of Paramount and Skydance reaching a merger settlement. As for different hopefuls, Variety stories a $27 billion all-cash bid from the personal fairness agency Apollo was declined.
Source link
