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GAMCO sues Redstone for allegedly short-changing Paramount investors in Skydance deal

Billionaire investor Mario Gabelli's investment fund filed a class-action lawsuit on behalf of Paramount Global shareholders ...
The New York Sun1h

Redstone Sued Over Paramount-Skydance Merger As Angry Investors – and Outraged Liberals – Vent Over Messy Transaction, Bullying of CBS News

The lawsuit alleges there was an ‘unfair and inequitable’ payout for shareholders.

Paramount president Jeff Shell will cut $2 billion in ‘painful’ belt-tightening after troubled Skydance merger

We do not want to be a company that has layoffs every quarter,” Shell said, citing constant waves of cuts under Paramount’s ...

Paramount Skydance Says It Won’t Spin Off Cable Networks, But

The newly merged company’s C-suite execs acknowledge the stiff headwinds of that business and float possible streaming moves ...

Paramount Skydance (PSKY) Soars 60% to New High. Time to Book Gains?

In a social media post, Mad Money host and former hedge fund manager Jim Cramer said Paramount Skydance Corp. (NASDAQ:PSKY) ...

Investor Mario Gabelli Sues Shari Redstone’s National Amusements Inc. Alleging ‘Unfair and Inequitable’ Terms in Paramount-Skydance Merger

Mario Gabelli's GAMCO sued Shari Redstone's National Amusements Inc., alleging NAI's deal to merge Paramount and Skydance had ...

Paramount Skydance Now Needs To Prove The Juice Was Worth The Squeeze

Paramount Skydance has made its debut after a lengthy and challenging M&A process. Read what investors need to know about ...