Paramount Global is in talks with David Ellison's Skydance and Gerry Cardinale's Redbird Capital for a potential sale. Another buyer group is also considering making a bid. Skydance is seen as a growth company that could enhance Paramount's assets. Skydance would be valued at 15.5x forecasted 2025 EBITDA at a $5 billion valuation.
Inside the Financials of Skydance, Paramount’s Suitor - WSJ At a $5B Valuation, Skydance would be valued at 15.5x forecasted 2025 ebitda. https://t.co/eYGFa6SM06
Even as Paramount Global continues to hold exclusive talks with David Ellison’s Skydance and Gerry Cardinale’s Redbird Capital, another potential buyer group is considering its own moves. https://t.co/WkNM44MUP1
I’ve seen this movie, it doesn’t end well: “The vision it is pitching—to Paramount’s management team, investors, the board—is that Skydance is a growth company that can supercharge Paramount’s assets.” https://t.co/bM5dbp2bVf
Fintwit's old favorite cable co $CHTR -- some rough math. used to trade at 12x (unbelievable), now down to ~6.5x. CAPEX appears to be peaking. If stock goes to 200, that would imply another 0.5x on EBITDA. At that point equity value woudl be about 1.5x... https://t.co/2z6s7ePy5b
Breakingviews - Paramount’s sale cries out for intervention https://t.co/jMHDedVxx5 https://t.co/jMHDedVxx5