Mario Gabelli, a major shareholder of Paramount and its predecessor companies for decades, is pressing for more information about the company’s pending merger with Skydance.
Specifically, the investor and fund manager wants to get more financial data and better clarity on the valuation of National Amusements, Inc.
Skydance and its backers are putting $8 billion into a complex, two-step transaction to first take control of NAI and then merge with Paramount.
The deal, which values Skydance at $4.75 billion and involves a $2.4 billion cash acquisition of National Amusements, is projected to close in the third quarter of 2025.
Read more on deadline.com
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