SPOT - Paramount Directors Exit As Skydance Merger Talks Continue: Report | Benzinga
Four Paramount Global (NASDAQ:PARA) directors are set to depart the company as merger talks with Skydance Media proceed.
What Happened: Dawn Ostroff, a former Spotify Technology SA (NYSE:SPOT) executive, Nicole Seligman, an attorney and former president of Sony (NYSE:SONY) Entertainment, Frederick Terrell, a veteran investment banking executive, and Rob Klieger, Redstone's longtime attorney, are expected to step down from the board in the coming weeks, reported the Wall Street Journal.
The departure of these directors coincides with Paramount Global’s ...