/r/ParamountGlobal2
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Sony's Tony Vinciquerra Confirms Joint Bid With Apollo For Paramount Global Was Ultimately For Its Library: “That Was Our Goal, Thing We Wanted In Deal. We Would Have Sold, Traded, Bartered, Or Done Something With Rest Of Company. It Got Complicated Since Shari Redstone Decided Not To Break It Up.”
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The [Horrific] Merger Details Explained For Dummies: There’s a Reason Why “Operation Fish Bowl Exists”
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Delaware Magistrate Selena Molina Says Rhode Island State Pension Fund Hasn’t Shown Legitimate Purpose For Inspecting Internal Buyout Files & That Company Wrongfully Withheld Them. But Molina’s Preliminary Recommendation Still Subject To Review By A Chancery Court Judge, Who Will Issue Final Order.
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In The Last Few Days, The Company's Next Round Of Layoffs Has Been Estimated To Come As Soon As Next Week, With August 13th Deemed As The Potential Date. Workforce Reductions Will Most Likely Happen In Corporate & Marketing Areas With The Aim Of Streamlining Redundancies And Maximizing Efficiency.
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Not Sure If Delaware Chancery Court Judge's Final Order Has Been Released Yet, But The Rhode Island State Pension Fund Isn't Relenting On Magistrate's Ruling Towards Company, Having Already Appealed Decision. Redstones Bracing For Arrival Of More Shareholder Grievance & Discovery Request Lawsuits.
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