Todd Spangler NY Digital Editor After months of on-again-off-again haggling, Skydance Media submitted a newly revised offer for Paramount Global.
The revised bid would reduce the amount Skydance and its financial partners would pay Shari Redstone, Paramount’s controlling shareholder, and reallocate that more equitably to the company’s nonvoting Class B shareholders, Variety has confirmed.
Skydance would also put in more cash upfront to swing the deal, sources said. The special committee established by Paramount’s board is currently reviewing Skydance’s revised proposal, sources said.
Reps for Skydance and Paramount Global declined to comment. Reps for NAI and the Paramount board’s special committee did not respond to requests for comment.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.