Skydance Cites “Overwhelming Evidence” Of Fraud By Late-Arriving Paramount Bidder, Accuses It Of “Hijacking” Merger Review Process

Skydance’s legal team is fighting back against efforts to derail its pending $8 billion merger with Paramount Global, accusing a rogue rival bidder of trying to “hijack” the regulatory review process. In a letter filed with the FCC, which is reviewing the transaction, lawyers for David Ellison’s company laid out its concerns about Project Rise […]

Mar 10, 2025 - 22:41
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Skydance Cites “Overwhelming Evidence” Of Fraud By Late-Arriving Paramount Bidder, Accuses It Of “Hijacking” Merger Review Process
Skydance’s legal team is fighting back against efforts to derail its pending $8 billion merger with Paramount Global, accusing a rogue rival bidder of trying to “hijack” the regulatory review process. In a letter filed with the FCC, which is reviewing the transaction, lawyers for David Ellison’s company laid out its concerns about Project Rise […]