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Revised Skydance offer would let Paramount shareholders cash out at $15/shr, WSJ reports

Revised Skydance offer would let Paramount shareholders cash out at $15/shr, WSJ reports
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Revised Skydance offer would let Paramount shareholders cash out at $15/shr, WSJ reports

The new proposal values Paramount B-shares at a roughly 26% premium to Friday's close, the report added. A special committee of Paramount's board agreed to recommend a deal with Skydance Media after its sweetened offer last week, the Wall Street Journal separately reported on Friday. Skydance submitted a sweetened offer for its proposed merger with Paramount which is said to offer improved terms for both voting and non-voting Paramount shareholders, and provides more cash, a source told Reuters on Thursday.

Revised Skydance Offer Would Let Paramount Shareholders Cash Out at $15/shr, WSJ Reports

Revised Skydance Offer Would Let Paramount Shareholders Cash Out at $15/shr, WSJ Reports
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