Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Paramount Global has reached a deal with Skydance, which includes a provision allowing Paramount to seek a better offer within the next 45 days. If Paramount accepts another buyout deal within this period, it will be required to pay Skydance a $400 million breakup fee. This clause, confirmed by David Ellison, ensures Skydance receives compensation if Paramount decides to pursue a more lucrative offer.
Paramount Global Will Pay Skydance $400 Million Breakup Fee If It Accepts a Stronger Offer https://t.co/mVQOXEVayp
Paramount has reached a deal with Skydance but has the right to shop around for a better offer in a 45-day window. If Paramount agrees to accept another buyout deal then it would have to pay Skydance a $400 million breakup fee, says David Ellison. https://t.co/6poKKVxJkg
Paramount Global Will Pay Skydance $400 Million Breakup Fee If It Lands a Better Offer https://t.co/6fvIxFBDkM via @variety
