Paramount gets new $13.5 billion offer from investor group

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Paramount gets new $13.5 billion offer from investor group

//media-entertainment.news-articles.net/content/ .. -new-13-5-billion-offer-from-investor-group.html

Published in Media and Entertainment on Monday, January 27th 2025 at 15:44 GMT 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 ]

N※N

Paramount gets new $13.5 billion offer from investor group