All articles tagged with #deal collapse
A potential merger between Paramount and Skydance is at risk of collapsing due to legal and regulatory issues, including a pending lawsuit against CBS by Donald Trump and FCC approval delays, with analysts expressing increasing concern that the deal may not close by the extended deadline in July.
Embracer Group's stock dropped 40% after a $2 billion industry mega-deal collapsed, which came as a shock to the company. The identity of the counterparty is unknown, but Embracer has been on a vast spending spree, acquiring studios and properties. The deal's collapse resulted in a big earnings forecast downgrade, and it's unclear where Embracer goes from here or if the deal can be salvaged.