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  • Paramount soars as Skydance reaches new deal to buy controlling stake from Redstone


    Paramount soars as Skydance reaches new deal to buy controlling stake from Redstone

    Paramount soars as Skydance reaches new deal to buy controlling stake from Redstone

    Skydance would pay $1.75 billion for National Amusements, which owns 77% of the voting shares of Paramount, as per the tentative agreement, three sources familiar with the matter told Reuters on Tuesday.