PARA - PARA LEGAL NEWS: BFA Law Alerts Paramount Global (Nasdaq:PARA) Shareholders it is Investigating the Merger Transaction and Notifies Stockholders to Contact Us | Benzinga

NEW YORK, July 20, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (NASDAQ:PARA) merger transaction is fair to minority shareholders, who are being offered up to $15 per share in exchange for their Paramount Class B Shares.

If you are a shareholder of Paramount, you are encouraged to submit your information at: https://www.bfalaw.com/cases-investigations/paramount-global.

Why is Paramount being investigated by BFA Law?
 
On July 7, 2024, Paramount Global announced that it had entered into a merger transaction with a consortium led by Skydance Media, RedBird Capital, and the Ellison Family (the "Skydance Consortium"). Minority shareholders will have no say over the merger transaction, as National Amusements, which controls nearly 80% of Paramount voting stock, is apparently unwilling to subject ...

PARA) Shareholders it is Investigating the Merger Transaction and Notifies Stockholders to Contact Us>Full story available on Benzinga.com