RPV - What's Going On With Paramount Global Stock Following Reported Talks Of Skydance Merger? | Benzinga
Paramount Global (NASDAQ:PARA), which turned down a $26 billion bid from Apollo Global Management, Inc. (NYSE:APO), is now in exclusive discussions with Skydance, the studio behind Top Gun: Maverick.
David Ellison, leading Skydance, has a 30-day window to negotiate a deal with the entity overseen by Shari Redstone’s National Amusements (NAI), a privately held cinema group owning 77% of Paramount’s voting shares, Financial Times reported.