Redstones, Ellison offer concessions to Paramount investors, Bloomberg News reports
Yahoo Finance Canada - 2024-04-29T01:57:05.000Z

Paramount is currently engaged in exclusive deal talks with Skydance Media, an independent studio led by Ellison, though some investors have urged Paramount to explore other options. Ellison is offering to buy a block of Paramount shares at a premium to help improve Paramount's finances, the report said, citing a person familiar with the talks.

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