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.
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 ...
The plan is to begin shooting this summer. Skydance’s David Ellison, Dana Goldberg and Don Granger will produce alongside Ponciroli and his Hideout Pictures, Down Home and Cliff Roberts.
Paramount has said it is “bound” by its agreement with Skydance Media following a late intervention by PRP Group to stop the sale. In a statement provided to Deadline, the Paramount Global special ...
The unexpected development comes as Skydance Media and RedBird Capital Partners finalize their acquisition of Paramount, backed by Larry Ellison. PRP's new offer surpasses its previous all-cash ...