Mario Gabelli's next move could be a lawsuit as he probes Paramount's Skydance merger: sources https://t.co/QVBeFDK5Tq https://t.co/3aQKTOJpgM
Mario Gabelli’s next move could be a lawsuit as he probes Paramount’s Skydance merger: sources https://t.co/qLNMtwFl4b https://t.co/Gu9QM2dHjg
Ellison’s $8 billion takeover of Paramount is already facing legal challenges, including a suit from Mario Gabelli, the long-suffering shareholder now questioning whether Shari Redstone’s sweetheart deal was just a little too rich… From @eriqgardner https://t.co/R2EFWktmLG
Paramount Global's merger with Skydance Media is under scrutiny for potentially being unfavorable to average shareholders. The deal, which rewards Skydance and Shari Redstone’s National Amusements, is not yet finalized as it is still within a 45-day 'go-shop' period where other potential suitors can make offers. The $8 billion takeover by David Ellison is already facing legal challenges, including a lawsuit from long-time shareholder Mario Gabelli, who questions the fairness of the deal. William Cohan surveys the potential remaining suitors.