Skydance Makes Preliminary Offer for Shari Redstone's Stake in National Amusements Amid Paramount Global Pursuit.
Skydance has reportedly presented an initial offer to acquire Shari Redstone's stake in National Amusements, the holding company controlling Paramount Global. This move is part of Skydance's ongoing pursuit of Paramount, with the intention to merge the two entities. The acquisition of Redstone's stake is seen as a cost-effective strategy compared to purchasing the entire company, and it involves potential collaboration with Oracle co-founder Larry Ellison. The situation is described as "status quo," with negotiations ongoing and no official comments from the involved parties.
2024-01-25 11:58:02 - admin