Paramount Board’s Special Committee Says It Is “Bound” By Merger Pact With Skydance; “There Will Not Be Any Engagement” With Rival Bidders

A special committee of Paramount Global’s board of directors says it is “bound” by a pending agreement to merge with Skydance Media and will not consider an 11th-hour offer from a rival bidder. In a statement provided to Deadline, a spokesperson for the committee formed last year to evaluate opportunities and steer a merger, said […]

Jan 28, 2025 - 01:31
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Paramount Board’s Special Committee Says It Is “Bound” By Merger Pact With Skydance; “There Will Not Be Any Engagement” With Rival Bidders
A special committee of Paramount Global’s board of directors says it is “bound” by a pending agreement to merge with Skydance Media and will not consider an 11th-hour offer from a rival bidder. In a statement provided to Deadline, a spokesperson for the committee formed last year to evaluate opportunities and steer a merger, said […]