Paramount, Skydance Deal: Mario Gabelli Moves for FCC to Delay …

3 days ago · Major Paramount Shareholder Hints at Potential Lawsuit Challenging Skydance Deal. The FCC filing follows legal maneuvering from Mario Gabelli, the largest holder of …

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Mario Gabelli Legal Threat Affected Doomed Paramount ...

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Jun 13, 2024 · A legal threat from investor Mario Gabelli was a “major factor” in this week’s implosion of Shari Redstone’s $8 billion deal to merge Paramount Global with its “Mission: …

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Paramount Global (PARA) Dividend History, Dates & Yield

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6 days ago · Paramount Global Dividend Information. Paramount Global has an annual dividend of $0.20 per share, with a yield of 1.75%. The dividend is paid every three months and the …

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Legal Threat From Mario Gabelli Was ‘major Factor’ In Collapse Of ...

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In April last year, shareholders including Gabelli won a $122.5 million settlement over Viacom’s $30 billion merger with CBS — the deal that formed Paramount Global. Gabelli had griped that …

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FAQs about Paramount, Skydance Deal: Mario Gabelli Moves for FCC to Delay … Coupon?

Why is Mario Gabelli asking the Federal Communications Commission to pause?

Paramount Global shareholder Mario Gabelli is asking the Federal Communications Commission to pause its review of the transfer of broadcast licenses in connection with the company’s $8 billion merger with Skydance Media as he investigates “potential fiduciary and/or federal securities violations” against the media giant’s minority shareholders. ...

Why did Gabelli request a delay?

Gabelli requested the delay so that he could probe for “potential fiduciary and/or federal securities violations” against Paramount’s minority shareholders, according to a letter he sent to the agency made public Tuesday. ...

Will Gabelli sue Paramount for breach of fiduciary duty?

In last week’s filing, Gabelli moved for the FCC to defer approval until he’s decided whether to sue Paramount’s Board of directors, National Amusements and Skydance for breach of fiduciary duty under claims that the deal violates federal law. ...

Who is Mario Gabelli?

Billionaire money manager Mario Gabelli is ramping up scrutiny of Skydance’s deal to take control of Paramount Global. In a petition to the FCC, Gabelli urged the commission not to transfer control of broadcast licenses held by Shari Redstone’s National Amusements to Skydance until he decides whether to sue for breach of fiduciary duty. ...

Will Mario Gabelli challenge a landmark entertainment industry deal?

July 12 (Reuters) - Billionaire investor Mario Gabelli's investment firm is seeking more details about the valuation of National Amusements assets, the investor told Reuters on Friday, signaling the firm may challenge a landmark entertainment industry deal inked this week. ...

Does Gabelli Funds want more transparency about National Amusements deal?

Gabelli Funds, which owns nearly 4.9 million Class-A voting shares in Paramount, is seeking greater transparency around the National Amusements deal, according to another source at Gabelli. It sent a letter to Paramount's general counsel on Friday, requesting information, the source said. ...