New York — The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer. Bronfman, executive chairman of ...

The new nonagenarian jumped from the plane attached to a professional skydiver with the company SkyDance SkyDiving out of Yolo County Airport. Tuter was completely calm before the big jump ...

Billionaire entertainment executive Edgar Bronfman Jr. has bowed out of his long-shot bid to gain control of Paramount Global, clearing the way for David Ellison’s Skydance Media to claim the prize.

In the latest twist in the Paramount Global M&A saga, Skydance Media is alleging the media company breached the terms of their merger agreement by engaging with a rival $6 billion bid from ...

A special committee of Paramount Global’s board set up to steer its M&A process has declared an end to the “go-shop” period in its pending Skydance Media merger and says the transaction will ...

Just weeks after the Paramount’s controlling shareholder and Skydance scuttled their talks about a potential deal, the two media companies have tentatively agreed to a merger. There were several ...

Just when the $8.4-billion deal for David Ellison’s Skydance Media to buy Paramount Global was gliding toward the finish line, Shari Redstone’s roller-coaster sale took another sharp turn.

Paramount said it's considering a competing acquisition bid led by Seagram heir and media executive Edgar Bronfman Jr., and will extend a so-called go-shop period with merger partner Skydance Media.

Producer David Ellison’s Skydance Media is set to become the new owner of Paramount Global after Seagram Co. heir Edgar Bronfman Jr. dropped out, ending one of the industry’s most dramatic ...

Skydance says it’s reserving the right to terminate its bid, lawyers say in letter, according to WSJ Last Updated: Aug. 22, 2024 at 8:42 p.m. ET First Published: Aug. 22, 2024 at 6:55 p.m. ET Share ...

He then upped that bid to $6 billion. Paramount agreed last month to a merger deal with Skydance that will inject desperately needed cash into a legacy studio that has struggled to adapt to a ...

The Skydance proposal offers a payout of about $4.5 billion to Paramount’s nonvoting (Class B) shareholders, versus $1.7 billion under Bronfman’s sweetened offer.