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Jul 3, 2024 · Wall Street cheered the new twist Wednesday, sending Paramount shares up nearly 7% to $11.46. As part of the transaction, David Ellison intends to merge privately held Skydance — the 14-year-old ...
- meg.james@latimes.com
- Senior Entertainment Writer
Jul 7, 2024 · LOS ANGELES and NEW YORK, July 07, 2024 (GLOBE NEWSWIRE) -- Skydance Media (“Skydance”) and Paramount Global (NASDAQ: PARA, PARAA) (“Paramount”) today announced that they have entered into a definitive agreement to form “New Paramount” – a next-generation media and technology leader, through a two-step transaction including the acquisition of National Amusements, Inc. (“NAI ...
Jul 3, 2024 · The Paramount Studios in Los Angeles, on April 29, 2024. Eric Thayer / Bloomberg via Getty Images file Redstone killed the initial bid in June as it was near the finish line.
Apr 25, 2024 · The sides are close to agreeing on a value for Skydance. The entertainment company will be valued at around $5 billion and merged with Paramount Global, said the people, who asked not to be named ...
- Alex Sherman, CNBC
Jul 3, 2024 · July 3 (Reuters) - Skydance Media's deal to acquire theater operator National Amusements, with its controlling interest in Paramount Global , opens new tab, could be finalized by Monday, sources ...
- Dawn Chmielewski
Jun 12, 2024 · The move came a little more than a week after Skydance and Paramount had agreed to financial terms of a merger that would have been valued at $8 billion. The deal had been awaiting signoff from ...
Jul 9, 2024 · July 9, 2024 6:15am. Getty Images. Skydance ‘s deal to take control of Paramount Global will mean a change in leadership at the company, something the storied studio has dealt with a number of ...
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