New Paramount-Skydance Deal Nears Finish Line As Board Special Committee Signs Off ...Middle East

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New Paramount-Skydance Deal Nears Finish Line As Board Special Committee Signs Off
A consortium led by David Ellison’s Skydance is nearing the finish line on its new deal to acquire Paramount Global. According to sources, Paramount’s special committee has signed off on the refreshed deal from Skydance, RedBird Capital and other investors. A month ago, of course, Skydance was close to sealing the deal, but Shari Redstone — who controls Paramount through her family’s National Amusements holding company — nixed the agreement at the last moment before the special committee voted on the deal. With approval of the committee, the deal is likely to move forward (the full board still needs to sign off, one source says, and Redstone could always back away once more). But t

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