News Formal

Paramount, Skydance Reportedly Agree to Merger Deal Terms: Details

  • 📰 bleedingcool
  • ⏱ Reading Time:
  • 25 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 69%

Apollo Nachrichten

Paramount,Skydance,Sony

CNBC's David Faber delivers his latest Faber Report.

Despite a recent competing offer from Apollo Global Management and Sony Pictures, all signs are pointing to a merger between Paramount and Skydance. Earlier today, CNBC's David Faber reported that both sides have agreed on the terms of a merger – with an announcement expected within the next few days.

In turn, Skydance would purchase close to 50% of Class B Paramount shares – reportedly at $15/share – which leaves the holders with equity in the new company that takes shape. In addition, $1.5 billion in cash will go from Skydance and RedBird Capital to Paramount to help reduce its debt. Once the deal is finalized and the dust has settled, Skydance and RedBird Capital will be the proud owners of two-thirds of Paramount – with Class B shareholders controlling the other third.

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:

 /  🏆 20. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

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

Paramount shares jump as company reportedly close to agreeing a deal with SkydanceParamount shares jump as company reportedly close to agreeing a deal with Skydance
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Paramount and Skydance agree to terms of a merger dealSkydance is set to announce a deal with Paramount after agreeing to terms of a merger deal.
Herkunft: NBCNewYork - 🏆 270. / 63 Weiterlesen »