Door open for rival bid to disrupt $8B Paramount-Skydance merger after judge’s ruling
A Delaware judge ruled that Paramount Global’s $8 billion merger with Skydance Media can move forward — but still left the door open for a last-minute, rival bid that insiders say could derail the deal. Kathaleen McCormick, the chief judge of Delaware’s Chancery Court, denied a request by New York City’s pension funds to block … Read more