12:52 PM EDT, 06/03/2024 (MT Newswires) -- Skydance Media is planning to offer $23 per share to investors in Paramount Global's ( PARAA ) voting stock as part of its merger offer, Bloomberg reported Monday, citing people with knowledge of the matter.

The offer would be extended to investors who are not part of the Redstone family, which owns most of the voting stock, the people were quoted as saying.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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