Judge Declines To Block Paramount-Skydance Merger But Sets Pension Fund Lawsuit On Expedited Schedule [Yahoo! Finance]
Paramount Global - Class A (PARAA)
Company Research
Source: Yahoo! Finance
Kathaleen St. Jude McCormick, chancellor in the Court of Chancery, today declined to issue a temporary restraining order, which would have sidelined the merger. More from Deadline Paramount Global & CBS Seek Dismissal Of Donald Trump's '60 Minutes' Lawsuit: "An Affront To The First Amendment" How 'Yellowstone' & The Taylorverse Helped SkyShowtime Muscle Into Europe's Crowded Streaming Market FCC Chairman Brendan Carr Suggests That Skydance-Paramount Merger Review Is Far From Finished The New York City Employees' Retirement System, the New York City Fire Department Pension Fund, the New York City Police Pension Fund, the New York City Board of Education Retirement System and the Teachers' Retirement System of the City of New York filed a lawsuit after a Paramount special committee declined to engage in talks to consider a a higher offer from Project Rise Partners. The latter had submitted an all-cash offer in a transaction values at more than $5 billion above the Skydance-
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