Skydance Sweetens Offer For Paramount Global
David Ellison's Skydance has sweetened its offer to acquire Paramount Global, Deadline has learned, in an attempt to make it more palatable to the company's Class B stockholders. Shareholders have trashed the outlines of a previous deal and threatened to sue. Ellison's original offer was to buy out Par's controlling shareholder Shari Redstone for a significant premium, resulting in a windfall for her, and then merge Skydance into Paramount keeping the combined company public. Stockholders wanted to be bough ...