Three Paramount Global directors – Dawn Ostroff, Nicole Seligman and Rob Klieger – are expected to leave the board in the upcoming weeks as the Shari Redstone-controlled entertainment company discusses a merger with Skydance Media, people familiar with the situation told The Wall Street Journal’s Jessica Toonkel.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PARA:
- Warner Bros Discovery (NASDAQ:WBD) Gains as It Can Be Sold Today
- Notable open interest changes for April 9th
- Paramount investor says Skydance bid detrimental to company value, Wrap reports
- Paramount (NASDAQ:PARA) Plunges after Lawsuit Win
- Seaport digital ad/media-tech analysts hold an analyst/industry conference call