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1. • • Skydance, led by Oracle Corp. co-founder Larry Ellison ’s son David Ellison, has reached a preliminary agreement to buy Shari Redstone’s National Amusements Inc. for $1.75 billion and merge with Paramount, the parent of CBS and MTV, according to a person with knowledge of the matter.
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     Skydance to Buy National Amusements, Reaches Paramount (PARA ...

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   Will Skydance buy National Amusements?

   • Skydance says when it is all said and done, it expects to own 70 percent of shares outstanding. The all-stock deal to merge Skydance into Paramount will value Ellison’s studio at $4.75 billion. National Amusements is a regional movie theater chain; however, Sumner Redstone turned it into a media behemoth by acquiring Viacom, Paramount and CBS.

   It’s Official: Skydance Wins the Battle for Paramount Global

   www.hollywoodreporter.com/business/business-news/shari-redstone-sells-majority-stake-national-amusements-paramount-skydance-1235732611/

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   Will Skydance Media buy Paramount global?

   • In a holiday week shocker, Skydance Media and Shari Redstone’s National Amusements Inc. have quietly renewed acquisition talks and have reached a tentative agreement to acquire Paramount Global.

   Skydance Media and National Amusements Inc. Reach New Merger Agr…

   finance.yahoo.com/news/skydance-media-national-amusements-inc-223335663.html

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   Who owns Skydance Media?

   • Beyond the family, Skydance’s investors include private equity firms KKR and RedBird Capital, Chinese entertainment giant Tencent and South Korean media conglomerate CJ ENM. Paramount Global, controlling shareholder National Amusements, led by Shari Redstone, are in exclusive sale talks with David Ellison's Skydance Media.

   Paramount Global, National Amusements, Skydance Media in Sale Talks

   www.hollywoodreporter.com/business/business-news/paramount-global-national-amusements-skydance-media-deal-exclusive-1235865448/

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   Why did National Amusements end talks with Skydance?

   • National Amusements abruptly ended months of talks with Skydance on June 11, saying it had concerns about the ability for the company and its partners to close the proposed $6 billion transaction. It’s not immediately clear if the economic terms of the new agreement have changed markedly from the pact that fell apart last month.

   Skydance Media and National Amusements Inc. Reach New Merger Agr…

   finance.yahoo.com/news/skydance-media-national-amusements-inc-223335663.html

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   What does Skydance's $1.5 billion deal mean for Paramount?

   • The agreement was first reported by the Wall Street Journal. Skydance and its financial partners have agreed to provide a $1.5-billion cash infusion to help Paramount pay down debt. The deal, as previously envisioned, also would set aside more than $4 billion to buy shares of Paramount investors who are eager to exit.

   David Ellison agrees to buy Paramount controlling shareholder National

   www.latimes.com/entertainment-arts/business/story/2024-07-02/david-ellison-agrees-to-buy-redstone-family-firm-national-amusements-paramount

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   Is Skydance coming to Paramount Pictures?

   • National Amusements has referred the Skydance deal to a special committee of Paramount's board for review, according to two people familiar with the matter. Under the new arrangement, The logo of Paramount Pictures studios is pictured in Los Angeles, California, U.S., September 24, 2023. REUTERS/David Swanson/File Photo Purchase Licensing Rights

   Paramount soars as Skydance reaches new deal to buy controlling stake

   www.reuters.com/markets/deals/skydance-media-reaches-new-deal-with-national-amusements-wsj-reports-2024-07-02/

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3. www.hollywoodreporter.com › business › business-newsParamount Sold as Skydance Buys National Amusements From ...

   www.hollywoodreporter.com › business › business-news

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   Jul 7, 2024 · Just moments ago, it was announced that we have entered into an agreement under which Skydance Media will acquire National Amusements and merge Skydance’s business with Paramount Global.

   • Paramount Global, National Amusements, Skydance Media in Sale ...

     Skydance, which was founded in 2010, has offered to acquire...

4. www.bloomberg.com › news › articlesSkydance to Buy National Amusements, Reaches Paramount (PARA ...

   www.bloomberg.com › news › articles

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   Jul 2, 2024 · Skydance, led by Oracle Corp. co-founder Larry Ellison’s son David Ellison, has reached a preliminary agreement to buy Shari Redstone’s National Amusements Inc. for $1.75 billion and merge ...

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5. www.latimes.com › entertainment-arts › businessDavid Ellison agrees to buy Redstone family firm that ...

   www.latimes.com › entertainment-arts › business

   Jul 2, 2024 · Tech scion David Ellison has reached a preliminary deal to buy the Redstone family holding company National Amusements Inc., which would give his Skydance Media control over Paramount Global,...

6. finance.yahoo.com › news › skydance-media-nationalSkydance Media and National Amusements Inc. Reach New Merger ...

   finance.yahoo.com › news › skydance-media-national

   • Cached

   Jul 2, 2024 · In a holiday week shocker, Skydance Media and Shari Redstone’s National Amusements Inc. have quietly renewed acquisition talks and have reached a tentative agreement to acquire Paramount Global.

7. www.hollywoodreporter.com › business › business-newsParamount Global, National Amusements, Skydance Media in Sale ...

   www.hollywoodreporter.com › business › business-news

   • Cached

   Apr 3, 2024 · Skydance, which was founded in 2010, has offered to acquire privately held National Amusements (NAI), which is controlled by Redstone. The combined company would then buy the publicly traded...

8. finance.yahoo.com › news › skydance-media-paramountSkydance Media and Paramount Global Sign Definitive Agreement ...

   finance.yahoo.com › news › skydance-media-paramount

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   Jul 8, 2024 · Skydance Investor Group, comprised of the Ellison Family and RedBird Capital Partners, to invest $2.4 billion to acquire National Amusements for cash and $4.5 billion for the stock/cash...

9. www.reuters.com › markets › dealsParamount soars as Skydance reaches new deal to buy ...

   www.reuters.com › markets › deals

   Jul 2, 2024 · Skydance would pay $1.75 billion for National Amusements, which owns 77% of the voting shares of Paramount, as per the tentative agreement, three sources familiar with the matter told Reuters...