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Skydance Media Slams Project Rise Partners' 'Belated' and 'Unserious' $13.5 Billion Bid for Paramount

  Copy link into your clipboard //media-entertainment.news-articles.net/content/ .. nd-unserious-13-5-billion-bid-for-paramount.html
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Skydance Media has criticized Project RISE Partners' $13.5 billion bid for Paramount Global, calling it "belated and unserious." The bid, which surfaced recently, aims to acquire Paramount's parent company, National Amusements Inc., and merge it with Skydance. Skydance, already in advanced talks with Paramount, dismissed the offer as a "desperate, last-minute tactic" by Project RISE, a group of investors including former MGM executives, to disrupt their ongoing negotiations. Skydance emphasized that their own proposal, which includes a significant cash infusion and a premium for non-voting shareholders, is a more viable and beneficial path forward for Paramount.

Read the Full TheWrap Article at:
[ https://www.msn.com/en-us/entertainment/movies/skydance-media-slams-project-rise-partners-belated-and-unserious-13-5-billion-bid-for-paramount/ar-AA1AHx0N ]