Shari Redstone Rejects Skydance Deal for Paramount Global
Shari Redstone rejects Skydance deal for Paramount Global, putting entertainment company in question.
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Shari Redstone rejects Skydance deal for Paramount Global, putting entertainment company in question.
Parent company National Amusements has issued a statement saying they were "not been able to reach mutually acceptable terms"
National Amusements said merger talks ended after the companies were unable to reach "mutually acceptable terms" on a deal.
Edgar Bronfman Jr. and Steven Paul are among latest to eye deals as Paramount Global continues sale negotiations with David Ellison's Skydance.
The former Warner Music Group CEO is looking to offer between $2 billion and $2.5 billion for Shari Redstone's holding company, according to the Wall Street Journal