Category: Controlling
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Skydance reaches new deal to buy controlling Paramount stake, sources say By Reuters
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By Don Chmielewski LOS ANGELES (Reuters) – Shari Redstone’s National Amusements has reached a preliminary agreement to sell a controlling stake in Paramount Global to David Ellison’s Skydance Media, three people familiar with the matter told Reuters on Tuesday. The unexpected development comes just weeks after Redstone abruptly ended talks…