Paramount Global is in discussions with Skydance Media for a potential merger. Three Paramount directors are set to step down, and the board size will be reduced to seven. Shareholders express concerns and call for equitable treatment if the deal proceeds.
Paramount shareholders are not happy with Shari Redstone's plan to sell the company to David Ellison. I wrote about the single question that should determine who people feel about the deal for this week's newsletter. https://t.co/XGaQiVKayK
Shari Redstone believes she's found the right buyer for Paramount. Her fellow shareholders aren't convinced. https://t.co/ThMuoQQhB3
⚠️ HEDGE FUND BARINGTON URGES PARAMOUNT TO SCRAP TALKS WITH SKYDANCE Full Story → https://t.co/27mLSJbUt5 Hedge fund Barington Capital on Friday urged Paramount Global to scrap its exclusive merger talks with Skydance Media, arguing all shareholders would benefit if the… https://t.co/mgTLSYCz8d
Some Paramount investors are speaking out about a possible merger with Skydance Media, calling on the US media conglomerate to look at other options and to treat shareholders equitably if this deal should be inked https://t.co/5oFg2lNplM
Paramount shareholders grow increasingly vocal about possible Skydance Media merger https://t.co/BtbwQxbKlk
Shari Redstone is looking for an exit from her controlling stake in Paramount and has found few interested buyers, despite the company’s stock price being at near-record lows. https://t.co/7r3ZkAUKhM
⚠️ PARAMOUNT SHAREHOLDERS GROW INCREASINGLY VOCAL ABOUT POSSIBLE SKYDANCE MEDIA MERGER Full Story → https://t.co/8s5lJw5YOI https://t.co/ZIT5mhHNzD
Paramount plans to trim size of its board amid merger talks https://t.co/oxN1r6VyJe
Paramount plans to shrink board to seven directors amid Skydance deal talks https://t.co/QPCZs2lmKE https://t.co/rJDZ2pILNH
Paramount Global, the film and TV company controlled by Shari Redstone, is reducing the size of its board to seven members from 11 https://t.co/zaPrWWGZ5V
Paramount to shrink board size to 7 as Skydance deal talks escalate https://t.co/0wHGXZ2PWo https://t.co/BEcnpw9Iq0
Paramount Annual Meeting Timing Adds to Intrigue of Four Director Departures $PARA https://t.co/OohQi9Y1GV
Four Paramount Global Board Members to Exit Amid M&A Talks https://t.co/68WmdisvUZ via @variety
Four Paramount Global Board Members to Exit Amid M&A Talks https://t.co/c9v1D7m4LQ
Paramount Confirms That Board Members Will Step Down at Annual Meeting Amid Skydance Deal Talks https://t.co/8ICQXJs19M
Paramount Global won’t replace the four directors who are departing at its June annual meeting. Filing says there will simply be seven directors on the upcoming board. https://t.co/v1sME7IgQ0
Handful Of Paramount Directors Leaving Amid Skydance Talks; CEO Bob Bakish Compensation Topped $31 Million In 2023 https://t.co/uMHadagni1
Why Four Paramount Directors—and Many Shareholders—Aren’t Sticking Around for a Deal https://t.co/Wi1J74MhIF
As Paramount Shareholders Slam A Skydance Deal, Four Directors Said To Be Exiting Board: Could Threat Of Legal Action Derail Talks? https://t.co/YxWwSCQx90
Paramount's Future: Is Skydance Deal "Path of Least Resistance" or Will It Get Derailed? https://t.co/IhsU54WMA5
#Paramount/#Skydance dble-deal promise of synergies/better mgmt sounds like bullshit... ...radical cost-cuts are an obvious strategy, but cd jst be offset by legacy revenue declines & delevering, so all $PARA investors are being offered here is NO deal & yrs of grind after tht?! https://t.co/ux8MaIeplD
Skydance to Meet With Paramount Global Management Next Week Amid Merger Talks https://t.co/c8DVcazS1L
We've got an update on $PARA that you won't want to miss: CNBC's @davidfaber reports that David Ellison’s Skydance Media will meet with Paramount management next week to begin due diligence on a potential merger. https://t.co/59Hniz73X4
Paramount is up for sale. Learn why Shari Redstone alone could get $2 billion and see how other shareholders are reacting to the controversial bid: https://t.co/19htMTPFRr
Will Chaos and Dysfunction at Paramount Imperil the Skydance Merger? $PARA https://t.co/OohQi9XtRn
Skydance To Meet With Paramount Management, Begin Due Diligence With Paramount – @CNBC
SKYDANCE TO MEET WITH PARAMOUNT MANAGEMENT, BEGIN DUE DILIGENCE WITH PARAMOUNT – CNBC
Three members on the board of Paramount Global are expected to exit the entertainment giant amid merger talks with Skydance Media, The Wall Street Journal reported Wednesday, citing people familiar with the situation. https://t.co/jOb4LL8gaP
Three Paramount Directors to Step Down as Company Discusses Skydance Merger https://t.co/jIlazOpwC5
Shari Redstone's gain, investors' pain? @sherman4949 explains why Paramount and Redstone are facing shareholder angst over a possible Skydance deal. $PARA https://t.co/0usoLlvMUe
Paramount Global Shares Hit 14-Year Low—Then Rebound—As Board Members Reportedly Depart Amid Merger https://t.co/ykiHkXNfXF https://t.co/UkdDQ96CYJ
Paramount board members Dawn Ostroff, Nicole Seligman and Rob Klieger are stepping down amid Skydance Media talks, WSJ reports. https://t.co/P1IvU6ascX
Paramount, Shari Redstone face investor angst over possible Skydance deal https://t.co/vHBWrzLPyk
Now Four Paramount directors have "left" the company's board. Guess the coffee and croissant order for next mtg can be cut in half. Details from @jtoonkel https://t.co/NNi43LMsdX via @WSJ