As Paramount Global Preps For Shareholder Meeting And Town Hall, Details Of Revised Skydance Offer Surface

The David Ellison-led Skydance, which has been in the running for months to take control of Paramount, had sweetened its offer in recent days in order to assuage the concerns of non-voting shareholders. In the current scenario, those shareholders would be in line to receive $15 a share, a 26% premium over the company's stock price as of Friday. Sources familiar with the discussions confirmed the proposed terms to Deadline after The Wall Street Journal and Bloomberg had reported them earlier Sunday. As Param ...