Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

News Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Paramount Global reports its quarterly earnings Monday.

Paramount Global's board is preparing to fire CEO Bob Bakish as soon as Monday morning, according to people familiar with the matter.Paramount is in exclusive talks for a merger with Skydance Media.

Paramount Global's board is preparing to fire Chief Executive Officer Bob Bakish as soon as Monday morning, according to people familiar with the matter.reports its quarterly earnings Monday. Bakish won't be on the call, the people said. The board is expected to lean on company division heads in lieu of a CEO while it negotiates a possible merger with

. Paramount Global has set up a special committee to explore the deal. The companies are in exclusive talks to pursue a deal until May 3, though that window could be extended.Sign up for NBC Philadelphia newsletters. Bakish has lost the trust of Paramount Global controlling shareholder Shari Redstone, according to people familiar with her thinking. Redstone wanted to make a move to oust Bakish before Paramount Global's carriage negotiation with Charter Communications, which is pivotal for setting a value for the company in its merger talks with Skydance, the people said.This is a developing story. Check back for updates.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 569. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continueParamount Global reports its quarterly earnings Monday.
Herkunft: NBCLA - 🏆 319. / 59 Weiterlesen »