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Skydance has sweetened its offer for a merger with Paramount, leading to an expectation that Paramount's independent committee of directors will review the new bid soon. This move follows buzz and speculation surrounding the potential takeover of National Amusements by David Ellison.
PARAMOUNT JUMPS AFTER WSJ REPORTS SKYDANCE SWEETENS MERGER OFFER, SHARES LAST UP 1.9%
The saga continues! Skydance has submitted a sweetened offer for a merger with Paramount that is being reviewed in the coming days. $PARA W/ @jtoonkel https://t.co/p3PsPYkAWn
$PARA - Paramount’s independent committee of directors is expected to review a new bid soon https://t.co/slLkk9SH6f via @WSJ #Highlight