PARA INVESTIGATION ALERT: BFA Law Announces an Investigation into the Paramount Global (Nasdaq:PARA) Acquisition and Encourages Shareholders to Contact the Firm

Core Viewpoint - Paramount Global has entered into a merger transaction with a consortium led by Skydance Media, RedBird Capital, and the Ellison Family, with minority shareholders having no voting rights due to National Amusements controlling nearly 80% of the voting stock [1]. Summary by Sections Merger Transaction Details - The merger transaction offers Class A shareholders the option to receive $23 per share in cash, while Class B shareholders are offered $15 per share, which may be prorated if too many shareholders opt for cash [9]. - The disparity in treatment between Class A and Class B shareholders raises concerns about fairness and potential violations of Delaware law [9]. Legal Investigation - Bleichmar Fonti & Auld LLP is investigating the fairness of the merger transaction for minority shareholders, particularly focusing on the treatment of Class B shareholders [8]. - Shareholders are encouraged to submit their information to explore their rights and potential legal options [2][3]. Legal Representation - The representation by BFA is on a contingency fee basis, meaning shareholders will not incur any costs unless the case is successful [10].