David Ellison’s Skydance demands Paramount stop talks with Edgar Bronfman
Skydance Media has accused Paramount Global’s special board committee of violating the terms of the deal by extending the period during which it could negotiate with other bidders, The Wall Street Journal reported Thursday. This comes after veteran media executive Edgar Bronfman Jr. made a favorable takeover bid for Paramount in exchange for $6 billion […]
David Ellison’s SkyDance Media wants to take Paramount take private
David Ellison's Skydance Media and its financial backers are reportedly considering a deal to take Paramount Global private. Skydance — the film and television studio run by Ellison, son of Oracle founder Larry Ellison — has exchanged preliminary information with Paramount. CNBC reported Wednesday night.said an anonymous source. Full due diligence has not yet begun, […]