Paramount (PARA) Tentative Deal with Skydance Media

Paramount’s (PARA) controlling shareholder reached a tentative deal to sell its stake to Skydance Media. Ken Leon discusses this as the Skydance deal would require Paramount to raise new equity. He also talks about how Apollo Global put in a bid of $26B to acquire all of Paramount. Tune in to find out more about the stock market today.
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[@PhilipGabrych]

Get ready to sue

[@Luis000-ru3gw]

Strat58cat?

[@PhilipGabrych]

@@Luis000-ru3gw good guess but no.

[@juniorjr.427]

You can't sue Shari Redstone is selling National Amusements she owns 77% she's not selling Paramount global she's selling her controlling stake in the company there's a difference..... she's not selling Paramount global she's selling National amusements which she owns 77% two different companies

[@motigeen4951]

is anyone can explain why this is bad news for shareholder?

[@juniorjr.427]

It's not the FCC is controlled by Warner Disney and Comcast..... Disney got ABC FOX and Marvel / Warner DC Comics Discovery / Comcast got universal and NBC.....AMC networks has been speaking about this for years now about the mistreatment and how they're being forced to sell.... Lionsgate has been blocked on purpose from selling Stars Network and now they're doing the same thing to Paramount

[@janiriikonen7427]

They are worried that they will get merged with bad terms while shari gets out with premium.

[@juniorjr.427]

I think news agencies need to communicate better Shari Redstone does not own Paramount Global she owns National Amusements she owns 77% of national Amusements she's selling National Amusements