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Shari Redstone Nixes Deal With Skydance on Paramount Global Merger

Shari Redstone has walked away from a deal that would have merged Paramount Global with David Ellison's Skydance Media.

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Shari Redstone Scraps Skydance-Paramount Merger

Discussions halted Tuesday after the media conglomerate s controlling shareholder and David Ellison failed to reach "mutually acceptable terms"

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Paramount Special Committee Votes on Skydance Deal Docs

Paramount tycoon Shari Redstone pulls the plug on proposed Skydance merger

Firms unable to reach agreed upon terms amid speculation over future of the media empire behind CBS and MTV

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Shari Redstone ends talks with Skydance for Paramount merger, source says

LOS ANGELES (Reuters) -Media heiress Shari Redstone abruptly ended talks with David Ellison's Skydance Media on Tuesday, killing the potential sale of a controlling stake in Paramount Global to the independent studio, sources familiar with the negotiations said. The move by Redstone, Paramount's largest shareholder, came just as it appeared an agreement was near. A special committee of Paramount's board had been scheduled to discuss a proposed deal when it received word that Redstone had called off discussions.

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