Paramount and Skydance are even nearer to creating a deal.
Yesterday, the NYT mentioned there have been discussions of coming into unique talks, and now a number of shops report the businesses have entered a 30-day unique negotiating window. Bloomberg even says, “Shari Redstone, Paramount’s controlling shareholder, has reached a tentative settlement to promote her stake to Skydance.”
The maintain up now could be apparently the second step of Paramount and Skydance reaching a merger settlement. As for different hopefuls, Variety reviews a $27 billion all-cash bid from the personal fairness agency Apollo was declined.
