Paramount Global, National Amusements, and Skydance Media in Exclusive Talks for Potential Sale from sim offer Watch Video
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⏲ Duration: 0:29 👁 View: 760K times ✓ Published: 05-Apr-2024
Description: Paramount Global, its parent company National Amusements, and Skydance Media are in exclusive talks for a potential sale. National Amusements, led by Shari Redstone, controls Paramount Global through an 80% voting stake. Skydance made an earlier offer to acquire National Amusements. The companies have agreed to a 30-day exclusive negotiating window for a potential deal. Paramount's stock price jumped 15% on the news of exclusive talks.
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