Paramount Sold as Skydance Buys National Amusements from Redstones
In a landmark deal that may shake up the leisure panorama, Shari Redstone has agreed to promote management of Paramount World to a consortium led by Skydance, the manufacturing firm led by David Ellison, and Gerry Cardinale’s RedBird Capital. The sale, assuming it’s authorized by regulators and accomplished (and assuming a greater bid doesn’t emerge), … Read more