"Paramount and Skydance Finalize $8bn Merger Deal"
TL;DR Summary
Gerry Cardinale's RedBird Capital is involved in an $8 billion deal with Skydance Media to acquire a majority stake in Paramount, contributing $1.5 billion to reduce Paramount's debt. This move is part of RedBird's broader strategy to expand its influence in sports, media, and financial services.
Topics:business#acquisition#businessfinance#gerry-cardinale#paramount#redbird-capital#skydance-media
- GdS: Cardinale involved in $8bn Paramount deal as RedBird expands further Sempre Milan
- Paramount and Skydance agree to terms of a merger deal CNBC
- Shari Redstone leaves investors guessing as Paramount and Skydance agree merger terms Financial Times
- Exclusive | Revised Skydance Offer Gives Paramount Shareholders Opportunity to Cash Out at Roughly $15 a Share The Wall Street Journal
- Paramount Nears Finish Line With Skydance On Eve Of Shareholder Meeting And Town Hall – Update Deadline
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