Paramount shareholders grow increasingly vocal about possible Skydance Media merger

Loss of confidence in Saint Mary's leadership | SaltWire - Some Paramount Global investors are speaking out about a possible merger with Skydance Media, calling on the U.S. media conglomerate to look at other options and to treat shareholders equitably if this deal should be inked.

Exclusive talks between the two parties began days after private equity firm Apollo Global Management submitted a $26 billion all-cash offer for Paramount Global that was described by two people familiar with the offer as"extremely preliminary." Paramount's enterprise value at the end of 2023 was about $22.5 billion.

Deal talks between Skydance and Paramount have advanced to due diligence, which begins next week, sources said.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Paramount shareholders grow increasingly vocal about possible Skydance Media mergerSome Paramount Global investors are speaking out about a possible merger with Skydance Media, calling on the U.S. media conglomerate to look at other options...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Paramount Global to enter into exclusive merger talks with Skydance, source saysThe deal talks are more advanced than the offer from Apollo and if successful, would end Shari Redstone’s control of the media empire built by her father
Source: globebusiness - 🏆 31. / 66 Read more »