The Skydance/Paramount Merger is Back On
#TheDarkHeraldWasRight As I said, “Redstone is hot to sell and Skydance is hot to buy, so this is now just negotiating.”The walking away from the table was just another negotiating ploy. Turns out that Shari Redstone was trying to get to the price she wanted, and she appears to have gotten there. Skydance and Paramount have agreed to a merger. Shari Redstone’s worthless stock will now be turned into something valuable. Namely 8 billion bucks. At the time of their...