The Delaware Chancery Court will consider the significance of news articles regarding Shari Redstone's control of Paramount Global amid its pending merger with David Ellison’s Skydance Media. Shari Redstone, the chair of Paramount Global, will leave the board after the merger is completed. Sources confirm that Redstone does not plan to stay on the board post-merger. Bloomberg News reports.
A Delaware bankruptcy judge said she will likely give a pair of talc producers permission to send their Chapter 11 plans out for a creditor vote, saying she was satisfied with the changes made since last week. https://t.co/SKvHTr6wYI
Shari Redstone to Exit Paramount Board Following Skydance Deal Close https://t.co/pRzIv5W3Lz via @variety
Shari Redstone to Exit Paramount Global Board of Directors After Skydance Merger https://t.co/MsTi1loHZe