Skydance Media submitted a new offer to Paramount Global (PARA) in its bid to acquire the media giant, according to the Wall Street Journal. Yahoo Finance...
Apollo Global Management is the parent company of Yahoo Finance.All right, let's talk about Paramount because the battle for Paramount Sky Dance media reportedly submitting a new offer for a merger with Paramount Global and Paramount directors are expected to review the deal soon.This is the latest twist in what has been feels like over a month long battle here for the entertainment giant Yahoo Finance's Alexandra Canal has the details on that.
She has consistently been in favor of the Sky Deal, but those non voting shareholders felt like the initial offer unfairly benefited Shari and came at the detriment to those other stockholders.And even though we don't have an official deal yet, we've seen a ton of changes already at this company.There have been some industry watchers that believe Paramount to try and fix their problems internally before they go and try and sell them.
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