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What's Next For Paramount After Skydance Merger Talks Fail
PGREParamount (PGRE) Deadline·2024-06-12 00:18

Sony is still looking at the books for a possible deal but we're hearing that doesn't appear to have much traction given the regulatory hurdles of a Japanese company taking interests in a U.S. broadcast company. They talked, and talked, and talked. Potential suitor Warner Bros Discovery faded away, as did Byron Allen, who made an actual offer for the company. Par and Skydance entered an exclusive negotiating period for the month of April. When the lock-up ended with no deal, doubt crept in. Sony jumped into ...