Paramount Global, Skydance Media Merger Deadline to Get 90-Day Extension
(Reuters) - Skydance Media and Paramount Global's $8 billion merger would be automatically extended by 90 days after its deadline of April 7 under the terms of the companies' agreement.
Skydance Media Slams Project Rise Partners’ ‘Belated’ and ‘Unserious’ $13.5 Billion Bid for Paramount
The David Ellison-owned studio has accused the investor group of "seeking to hijack" the FCC's review of its pending $8 ...
Variety27d
Skydance Alleges Project Rise Partners ‘Fraudulently Misrepresented’ Financing for Paramount Bid
The deal that would merge Skydance Media and Paramount Global is not over the finish line — and now lawyers for David Ellison’s Skydance are accusing investment group Project Rise Partners of ...
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Inside Paramount's bumpy sale: the president, a scion and a possible sheikh
Then a mysterious alternative bidder emerged. In late January, a group called Project Rise Partners said it was prepared to ...
Edgar Bronfman Jr. gets subpoena in legal battle to block Skydance-Paramount merger: sources
New York City’s pension funds have issued a subpoena for billionaire media mogul Edgar Bronfman Jr. to testify in their lawsuit to block the Skydance-Paramount merger, according to two sources close ...
Seeking Alpha27d
Skydance tells FCC Project Rise's Paramount bid was 'unserious'
Last week, U.S. judge Kathaleen McCormick said she was willing to look into Project Rise's allegations that Paramount was breaching its fiduciary duties by not considering their bid. Project Rise ...
Business Insider20d
Project Rise Partners Continues Push for Paramount (NASDAQ:PARA)
The growing drama around entertainment giant Paramount (PARA) and its newfound suitor, Project Rise Partners, is starting to heat up. In fact, Project Rise released new statements about recent ...
Deadline.com28d
Skydance Cites “Overwhelming Evidence” Of Fraud By Late-Arriving Paramount Bidder, Accuses It Of “Hijacking” Merger Review Process
Skydance’s legal team is fighting back against efforts to derail its pending $8 billion merger with Paramount Global, accusing a rogue rival bidder of trying to “hijack” the regulatory ...
Business Insider25d
M&A News: Project Rise Partners Fights Back at Paramount (NASDAQ:PARA) Merger
It was just two days ago when Skydance fought back at Project Rise Partners’ attempt to derail the merger between itself and entertainment giant Paramount (PARA). But Project Rise was having ...
Morningstar24d
Project Rise Partners Responds to Skydance Media's Accusations and Focuses on Skydance's Inferior Bid for Paramount Global
LOS ANGELES, March 14, 2025 /PRNewswire/ -- Project Rise Partners (PRP), an entity formed for the purpose of acquiring Paramount Global, releases the following statement in response to the recent ...
New York Post27d
Skydance rips rival Paramount bidder in court over alleged ‘fraud’ and ‘misrepresentation’ in $8.8B offer
Skydance is calling out a rival bidder for Paramount for allegedly attempting to derail the Hollywood studio’s merger with the media giant, claiming it has uncovered proof of “fraud” and ...
Yahoo Finance27d
Skydance Alleges Project Rise Partners ‘Fraudulently Misrepresented’ Financing for Paramount Bid
As first reported by Variety, Project Rise Partners in January submitted a letter to Paramount’s board with an offer it claimed was valued at $13.5 billion — and which PRP said was superior to ...