Redstones, Ellison offer concessions to Paramount investors, Bloomberg News reports By Reuters
From Investing.com: 2024-04-28 22:00:36
Paramount Global investors may see a change in control as Redstone family and Skydance Media CEO make concessions. David Ellison offers to buy Paramount shares at a premium to boost finances, amid exclusive deal talks with Skydance. Redstones agree to non-voting shareholders having a say in a potential deal. Sony Pictures and Apollo Global also considering a joint bid for Paramount. No comments yet from Paramount and Skydance.
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