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05/10/2024
Paramount’s Fate Could Go in Three Possible Directions
The future for Paramount remains uncertain
Paramount Global is used to producing gripping dramas, but it likely did not expect to end up starring in one. Yet, the road to a potential Paramount merger has taken several twists and turns.
Last Friday, the exclusive 30-day negotiating window between the special committee of the company's board and Skydance Media came to an end. And, as expected, Sony Pictures Entertainment and private-equity firm Apollo Global Management swooped in near the end of the window with a competing offer.
What's next? Honestly, no one knows. But there appear to be three directions this could go in the near future.
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