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Paramount’s Shari Redstone Juggling Skydance, Other Suitors As Deal Saga Continues
Paramount's controlling Shari Redstone is talking with David Ellison's Skydance as well as other potential suitors as the merger drama continues.
Last week, on the night of the Bad Boys: Ride or Die premiere — the same day Ellison revised his offer for Par — Sony Pictures Entertainment CEO Tony Vinciquerra told Deadline talks were “still progressing”. Speculation abounds — that it may just be hard for Redstone to pull the trigger on a sale of the company her father built over decades, or that giving up mogul status is tough to do. With all this in the background, an awkwardly time annual meeting Tuesday saw Paramount’s new CEO trio (Brian Robbins, George Cheeks and Chris McCarthy) outline a strategy to go it alone and never mention M&A.
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