Skydance sweetens offer for Paramount Global, source says

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Skydance sweetens offer for Paramount Global, source says
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Stan Rogers Folk Festival 2024: 27 years of music and community | SaltWire #festival #music #ns - Skydance Media has submitted a sweetened offer for Paramount Global, according to a person familiar with the matter.

The new deal improves terms for both classes of Paramount shareholders, and provides more cash, according to the source, who spoke on condition of anonymity. Specific details of the offer could not immediately be determined.A spokesman for a special committee of the Paramount board, which was created to evaluate such offers, declined to comment.

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