Skydance Faults Project Rise's Paramount Bid

Skydance Faults Project Rise’s Paramount Bid in FCC Letter
Skydance Media, the independent movie and TV studio that’s seeking to merge with Paramount Global, fired back at complaints by rival bidder Project Rise Partners in a letter to the Federal Communications Commission Monday.
Skydance Alleges Project Rise Partners ‘Fraudulently Misrepresented’ Financing for Paramount Bid
Lawyers for Skydance are trying to fend off efforts by Project Rise investors to force Paramount to evaluate a higher $13.5 billion takeover offer.
Skydance rips rival Paramount bidder in court over alleged ‘fraud’ and ‘misrepresentation’ in $8.8B offer
Skydance is calling out a rival bidder for Paramount for allegedly attempting to derail the Hollywood studio’s merger with the media giant, claiming it has uncovered proof of
Skydance Says 11th Hour Paramount Bidder Misrepresented Backing
The investor consortium that made an 11th hour take-private bid for Paramount Global misrepresented itself in court filings by touting financial backers including Blackstone Inc., according to Skydance Media LLC,
Skydance tells FCC Project Rise's Paramount bid was 'unserious'
Most notably, Project Rise has never demonstrated that it has the necessary financing,” the Skydance attorneys reportedly said in a letter to the FCC. Last week, U.S. judge Kathaleen McCormick ...
Door open for rival bid to disrupt $8B Paramount-Skydance merger after Delaware 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.
Skydance Cites “Overwhelming Evidence” Of Fraud By Late-Arriving Paramount Bidder, Accuses It Of “Hijacking” Merger Review Process
Lawyers for Skydance also spelled out their findings and objections in letters to opposing counsel in a shareholder lawsuit filed in Delaware Chancery Court. “Project Rise is seeking to hijack ...
Skydance Slams ‘Unserious' Rival Bidders for Paramount as Trying to ‘Hijack' FCC Proceeding
The deal that would merge Skydance Media and Paramount Global is not over the finish line - and now lawyers for David Ellison's Skydance are trying to fend off efforts by a group of investors to force Paramount to evaluate a higher $13.
Skydance Media Slams Project Rise Partners' 'Belated' and 'Unserious' $13.5 Billion Bid for Paramount
Skydance Media has taken aim at Project Rise Partners in a new letter to the FCC, arguing that the investor group is "seeking to hijack" the review process of its pending $8 billion merger with Paramount Global after it filed a formal objection with the agency last week.
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Skydance-Paramount Merger Hits A Major Snag
Skydance blasted a rival bidder for attempting to “hijack” their pending $8 billion merger with Paramount Global.
Judge Declines to Block Paramount-Skydance Merger, but Accelerates Investor Suit
A judge on Thursday declined to issue a restraining order to block the Paramount-Skydance merger, but agreed to accelerate an ...
M&A News: Skydance Fights Back at Paramount (NASDAQ:PARA) Merger
I think we were all a little surprised when Project Rise Partners emerged to challenge the merger between entertainment giant Paramount (PARA) ...
Judge Declines To Block Paramount-Skydance Merger But Sets Pension Fund Lawsuit On Expedited Schedule
A Delaware judge said that a pension fund lawsuit will determine if a rival bid for Paramount must be considered.