Category: WSJ
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Revised Skydance offer would let Paramount shareholders cash out at $15/shr, WSJ reports By Reuters
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(Reuters) – Skydance Media last week revised its offer to Paramount Global to buy up to a certain number of non-voting Paramount shares at $15 each, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The new proposal values Paramount B shares at a roughly 26%…
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Insurer Chubb prepares to pay $350 million in Baltimore bridge collapse, WSJ reports By Reuters
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(Reuters) – Chubb, the insurer of the Francis Scott Key Bridge in Baltimore that collapsed in March, is preparing to pay $350 million in damages to the state of Maryland, The Wall Street Journal reported on Thursday. The report said the payment is expected to be approved within weeks, citing…