Mario Gabelli Eyes Paramount-Skydance Deal Amid Logo Criticism
Fund manager Mario Gabelli, a major Paramount Global shareholder, is seeking detailed records of the $2.4 billion Skydance-Paramount deal to understand the payout to Shari Redstone and its implications for other shareholders. Gabelli is concerned about the fairness of the terms, which require Class A shareholders to tender their shares for $23 each or exchange them for Class B non-voting stock. While he has no immediate plans to sue, he emphasizes the need for transparency before making any decisions.
