Paramount, Skydance reach tentative merger deal: Reports ...Middle East

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Paramount’s parent company, National Amusements, has come to a tentative deal on a possible merger with media conglomerate Skydance according to multiple sources, multiple outlets reported. Paramount had previously reportedly stopped talks with Skydance on a merger and news about talks crumbling came out mid-last month. However, according to a Tuesday report from CNBC, sources said that a preliminary deal which has been referred to a Paramount committee has come together. That deal is being reviewed and voted on by that committee, according to a source. Paramount had been on the hunt for a potential buyer amid questions about its financial health from Wall Street and those watching

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