Mario Gabelli comes out against Paramount's Skydance merger
The legendary investor -- whose firm owns a million shares of Paramount -- said that he's also against a sale of Paramount of Apollo Global Management.
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The legendary investor -- whose firm owns a million shares of Paramount -- said that he's also against a sale of Paramount of Apollo Global Management.
Four Paramount Global PARA directors are set to depart the company as merger talks with Skydance Media proceed. What Happened: Dawn Ostroff, a former Spotify…
The media giant is reportedly in exclusive merger discussions with Skydance Media
Investor criticism has surfaced. The deal Paramount is planning may impact the company's nonvoting shareholders.
Four Paramount Global directors are said to be stepping down from the company's board amid increasingly controversial merger talks with Skydance.