Skydance allegedly reaches new deal with National Amusements - Breaking The News

Skydance allegedly reaches new deal with National Amusements

2 July

1 min read

EPA-EFE/ALLISON DINNER

Skydance Media has supposedly rekindled talks that came to a halt last month by reaching a preliminary deal to purchase National Amusements, owned by Paramount Global's controlling shareholder Shari Redstone the Wall Street Journal reported.

The back-and-forth deal would have Skydance merge with Paramount Global and National Amusements allegedly plans to refer the new agreement to a Paramount special committee of its board for review, according to people familiar with the matter cited by the news agency.

Paramount's stock rose 8% after-hours at 12:57 am CET to go for $11.55 per share.

mergers and acquisitions skydance media paramount global

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