Skydance, Paramount reach potential merger agreement: CNBC

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Skydance,Alexandra Canal,PARAA

Shares of Paramount (PARA, PARAA) are on the rise Monday following a CNBC report indicating that Skydance is set to announce its highly anticipated deal with...

indicating that Skydance is set to announce its highly anticipated deal with the media giant in the near future. The agreement is expected to provide shareholders with the opportunity to either cash their holdings out or roll them over into the new venture, although the specifics of the deal are still subject to ongoing negotiations.

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Skydance Media submits new merger offer to Paramount: WSJSkydance Media submitted a new offer to Paramount Global (PARA) in its bid to acquire the media giant, according to the Wall Street Journal. Yahoo Finance...
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