New York Times, Wall Street Journal and Reuters reveal that under the tentative agreement, Skydance would pay $1.75 billion to National Amusements, which owns 77% of Paramount's voting stock . Although for another 45 days other potential buyers can submit a new offer, the agreement has already been sent to the special committee of the Paramount Global Board of Directors for review before final acceptance.
Paramount's stock soars££££
An agreement that makes sense since Paramount and Skydance co-produced Top Gun: Maverick. The success we know. When this news was announced, Paramount shares rose 7.93% before the New York Stock Exchange closed. Today, Paramount's streaming platform (click to discover summer releases), launched in March 2021, has no less than 71 million subscribers.
