Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Paramount Global is facing a significant shakeup with the Skydance consortium's offer, which would grant them a 45-50% stake in the company. The board is navigating complex decisions to balance shareholder interests, particularly concerning Shari Redstone's influence. While Redstone stands to gain cash, nonvoting shareholders may receive stock in the combined company but face dilution. National Amusements is set to profit $2 billion, contrasting with potential dilution for public PARA shareholders.
Paramount could acquire Skydance in $5 bln all-stock deal, WSJ reports https://t.co/KA6omsayse https://t.co/dk6JwY7COC
As we've been writing, $PARA Board unwilling to terminate management and make the hard decisions to save Paramount Instead, National Amusements set to make $2 billion, while public $PARA shareholders are massively diluted https://t.co/3EB3NMIw0e
"The bottom line: Redstone would get cash while investors with nonvoting shares would get stock in the combined company and wind up with a diluted shareholding." From @jtoonkel and @miriamgottfried https://t.co/lpZ6r9mFOE via @WSJ
