02:20 PM EDT, 05/30/2024 (MT Newswires) -- (Updates with MT Newswires' attempt for comment in the second paragraph)

Paramount Global ( PARAA ) received a sweetened merger offer from Skydance Media that Paramount directors are expected to assess shortly, the Wall Street Journal reported, citing people familiar with the situation.

Neither Paramount nor Skydance immediately responded to MT Newswires' request for comment.

(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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