Paramount shareholders grow increasingly vocal about possible Skydance Media merger [Reuters]
Paramount Global - Class A (PARAA)
Company Research
Source: Reuters
Media , calling on the U.S. media conglomerate to look at other options and to treat shareholders equitably if this deal should be inked. Skydance, the studio that partnered with Paramount Pictures on such hits as "Top Gun: Maverick," has been conducting exclusive talks with Paramount Global, the entertainment giant controlled by Shari Redstone. Not all shareholders are enthusiastic. One long-term shareholder on Thursday voiced concerns about investors getting a "raw deal," while another, Ariel Investments, is pushing for a more thorough review of all alternatives, arguing shareholders would benefit, according to the firm's spokesperson. Paramount did not respond to requests for comment. Paramount entered into a 30-day exclusive negotiating period with Skydance, as a special committee of the board evaluates the possible acquisition of the smaller independent studio in a stock deal worth $4 billion to $5 billion. Skydance is negotiating separately to acquire National Amusem
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PARAA
News
- Paramount Global ousts CEO Bob Bakish, replaces him with trio of execs as it eyes Skydance merger [Yahoo! Finance]Yahoo! Finance
- Paramount Global-B (PARA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
- Paramount Announces CEO Bob Bakish's Exit as Merger Looms [Yahoo! Finance]Yahoo! Finance
- Paramount Global's New Leadership Trio Tell Staff in Memo After Bakish Ouster: ‘We Know This Has Been a Challenging Time' [Yahoo! Finance]Yahoo! Finance
- Shari Redstone, Newly Elevated Execs Address Paramount Staff Following Bob Bakish's Exit, Talk “Stability” & “Challenging Days” Ahead [Yahoo! Finance]Yahoo! Finance
PARAA
Earnings
- 4/29/24 - Beat
PARAA
Sec Filings
- 4/29/24 - Form 10-Q
- 4/29/24 - Form 8-K
- 4/29/24 - Form 8-K
- PARAA's page on the SEC website