Shari Redstone kills Skydance bid for Paramount Global
Paramount (PGRE) New York Post·2024-06-11 21:03
National Amusements confirmed the deal was dead. 3 Shari Redstone ended deal talks between her National Amusements and Skydance, according to The Wall Street Journal. REUTERS Paramount's three co-CEOs recently unveiled a plan to slash costs and find a partner for its money-losing streaming service, Paramount+. The media heiress walked away from a reported $1.75 billion offer from the tech heir for her 77% stake, the Wall Street Journal reported. "NAI is grateful to Skydance for their months of work in pursu ...