A special committee of Paramount Global’s board of directors says it is “bound” by a pending agreement to merge with Skydance Media and will not consider an 11th-hour offer from a rival bidder.

Here comes a plot twist: As Skydance Media and RedBird Capital Partners work to close the Larry Ellison-backed takeover of Paramount Global this spring, a consortium of investors who previously ...

Project Rise Partners' (PRP) $13.5B offer for Paramount challenges Skydance's $4.75B deal, raising legal questions about the go-shop window and the board's fiduciary duties. PRP claims their ...

A special committee of Paramount Global’s board of directors says it is “bound” by a pending agreement to merge with Skydance Media and will not consider an 11th-hour offer from a rival bidder. In a ...

Skydance and Paramount Global declined to comment to Variety. Paramount (NASDAQ:PARA) has said the sale to Skydance is expected to be completed in the first half of the year.

An investment consortium has mounted a last-minute challenge to the Skydance/RedBird takeover of Paramount Global with an increased offer for the group. According to Variety, Project Rise Partners ...

The parent company of Australia’s Network 10, Paramount Global, is hoping to close a deal in which US studio Skydance Media will take control of the troubled media giant. There are still a few ...