Paramount Board’s Special Committee Says It Is “Bound” By Merger Pact With Skydance; “There Will Not Be Any Engagement” With Rival Bidders
Paramount Global's board committee says its "binding" merger agreement with Skydance Media means a rival, 11th-hour offer won ...
Paramount Global (PARA): Undervalued Entertainment Stock A Good Buy?
We recently compiled a list of the 6 Undervalued Entertainment Stocks To Buy Right Now. In this article, we are going to take ...
Judge rules Paramount must give pension fund deal files, Bloomberg says
Delaware Chancery Court Travis Laster ruled Wednesday that the Employees’ Retirement System of Rhode Island, which owns Paramount (PARAA) ...
Paramount Ordered to Release Skydance Merger Records to Investor Looking Into Corporate Wrongdoing
The Employees’ Retirement System of Rhode Island seeks to investigate "potential wrongdoing" by controlling shareholder Shari Redstone.
Paramount rejects Project Rise’s $13.5B offer, Cord Cutters News reports
Global has rebuffed an unsolicited $13.5B takeover offer from a consortium of investors called Project Rise Partners and has ...
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Paramount Ordered to Release Skydance Merger Records to Investor Looking Into Corporate Wrongdoing
In May, the pension fund, which owns Paramount stock, asked the Delaware Court of Chancery to order the media giant to turn over documents and communications related to the two parties ...
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Paramount Board’s Special Committee Says It Is “Bound” By Merger Pact With Skydance; “There Will Not Be Any Engagement” With Rival Bidders
The dual-class structure of Paramount stock made the fine points of the deal tricky to nail down, with a number of stakeholders accusing controlling shareholder Shari Redstone of furthering her ...