Thu, January 30, 2025
Wed, January 29, 2025
Tue, January 28, 2025
Mon, January 27, 2025
Sun, January 26, 2025
Sat, January 25, 2025

Paramount gets new $13.5 billion offer from investor group

  Copy link into your clipboard //media-entertainment.news-articles.net/content/ .. -new-13-5-billion-offer-from-investor-group.html
  Print publication without navigation Published in Media and Entertainment on by MSN
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  The offer could send Paramount's merger with Skydance into chaos if given consideration by the Paramount board. Hopefully, someone is keeping an eye on David Ellison's blood pressure. The Skydance Media CEO is just trying to get his company's merger with Paramount Global across the finish line,

An investor group, including David Ellison's Skydance Media, RedBird Capital Partners, and KKR, has made a $13.5 billion offer to acquire Paramount Global. This proposal includes buying out Shari Redstone's National Amusements, which controls Paramount, for $2 billion, and merging Skydance with Paramount. The deal aims to address Paramount's financial challenges, including a significant debt load and a declining stock price, by infusing new capital and strategic direction. The offer comes amidst Paramount's exploration of strategic alternatives, with other potential suitors like Apollo Global Management and Byron Allen also expressing interest. However, the investor group's proposal is seen as a more comprehensive solution, potentially leading to a significant restructuring of Paramount's operations and leadership.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/entertainment/streaming-movies-and-tv/paramount-gets-new-13-5-billion-offer-from-investor-group/ar-AA1xWKRT ]