National Amusements ends Paramount merger talks with Skydance Media

Merger discussions between National Amusements, which controls Paramount Global, and Skydance Media have ended without a deal.The two companies 'have not been able to reach mutually acceptable terms regarding the potential transaction with Skydance Media for the acquisition of a controlling stake in NAI,' National Amusements said in a statement to CBS News.

However, Redstone is now reportedly pursuing a sale of National Amusements alone, rather than trying to also merge Paramount into another media business such as Skydance, according to a report Tuesday in the Wall Street Journal. Redstone controls National Amusements, which owns 77% of class A Paramount shares.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Paramount’s rumored merger with Skydance is offParamount’s potential merger with Skydance Media has fallen apart after weeks of negotiations, leaving the parent company of CBS and Showtime looking for a new path.
مصدر: verge - 🏆 94. / 67 اقرأ أكثر »

Paramount, Skydance Reportedly Agree to Merger Deal Terms: DetailsCNBC's David Faber delivers his latest Faber Report.
مصدر: bleedingcool - 🏆 20. / 69 اقرأ أكثر »