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Skydance Media and National Amusements Inc. Reach New Merger Agreement for Paramount Global
Skydance Media and National Amusements have reached a deal to acquire Paramount but the pact still must be approved by the studio's special committee.
In a holiday week shocker, Skydance Media and Shari Redstone’s National Amusements Inc. have queitly renewed acquisition talks and reached a tentative acquisition agreement for Paramount Global. That deal will now be reviewed by Paramount Global’s special committee of the board of directors that has steered the media giant through its roller-coaster ride of M&A activity and speculation since late last year. News of the renewed talks was first reported Tuesday by the New York Times and Wall Street Journal.
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