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Paramount, Shari Redstone face investor angst over possible Skydance deal
Shares of Paramount Global were down as much as 7% Wednesday as several directors are leaving the company's board and talks with Skydance continue.
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Paramount expected to fire CEO Bob Bakish after clash with Shari Redstone
Company weighs deal with Skydance as Sony and Apollo prepare counter-offerFinancial Times - Business -
Skydance extends final offer to Paramount as merger talks stick on a possible shareholder vote
A potential dealbreaker is whether to hold a so-called "majority of the minority" vote on the deal, which would grant common shareholders potentially sway.CNBC - Business -
Skydance sweetens Paramount bid with $3bn cash infusion
CEO Bob Bakish departs in sign of disarray at Hollywood groupFinancial Times - Business -
Paramount and Skydance inch closer to a merger as key hurdle looms, sources say
Paramount Global and Skydance are getting closer to final terms on a merger agreement, sources told CNBC, but a renewal with Charter remains an obstacle.CNBC - Business -
Paramount and Skydance inch closer to a merger as key hurdle looms
Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari Redstone.NBC News - Top stories -
Skydance Offers Paramount a Merger Sweetener: A $3 Billion Cash Infusion
The terms of the new deal would provide Paramount shareholders with an investment to pay down debt and buy back stock.The New York Times - Business -
Skydance Offers Paramount a Merger Sweetener: A $3 Billion Cash Infusion
The terms of the new deal would provide Paramount shareholders with an investment to pay down debt and buy back stock.The New York Times - Top stories -
Binance founder faces possible three-year jail term over ‘wild west’ business model
Changpeng Zhao pleaded guilty to money laundering charges. Changpeng Zhao, the founder of the world’s largest cryptocurrency exchange, will be sentenced on Tuesday after pleading guilty to money laundering charges, with US prosecutors seeking ...The Guardian - World -
Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue
Paramount Global reports its quarterly earnings Monday.CNBC - Business -
Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue
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.NBC News - Top stories
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Bob Bakish is ousted as CEO of Paramount Global as internal struggles explode into public view
Paramount CEO Bob Bakish's ouster comes a day after David Ellison's Skydance Media sweetened its offer for Shari Redstone's National Amusements, with money earmarked for Paramount's Class B shareholders.Los Angeles Times - Entertainment