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.

A judge has granted the Employees’ Retirement System of Rhode Island (ERSI) request to obtain books and records from Paramount Global related to its pending $8 billion merger with Skydance Media.

Project Rise Partners' (PRP) $13.5B offer for Paramount challenges Skydance's $4.75B deal, raising legal questions about the go-shop window and the board's fiduciary duties. PRP claims their ...

Paramount has said it is “bound” by its agreement with Skydance Media following a late intervention by PRP Group to stop the sale. In a statement provided to Deadline, the Paramount Global special ...

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 ...

Ms. Redstone stands to clear billions of dollars on the sale of Paramount, the media empire founded by her father Sumner Redstone, in a deal with Skydance, an entertainment company backed by the ...

The spokesperson stated that Paramount is bound by its agreement with Skydance Media and will not engage with PRP in any way that violates that agreement. Despite the higher offer, Paramount’s ...