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Redstone, Skydance strike tentative deal for Paramount stake, Bloomberg reports
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Redstone, Skydance strike tentative deal for Paramount stake, Bloomberg reports
Apr 3, 2024 1:01 PM

April 3 (Reuters) - Shari Redstone, the controlling

shareholder of TV giant Paramount Global ( PARAA ), has reached a

tentative agreement to sell her stake in the company to David

Ellison's Skydance Media, Bloomberg News reported on Wednesday,

citing people familiar with the matter.

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