FCC approves Paramount-Skydance merger
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We still have some time before the upcoming Star Trek series Starfleet Academy will be available to stream with a Paramount+ subscription, and waiting for the series has become even more stressful now that the full trailer is here to show off the new cast,
With this week’s FCC approval, the merger between Paramount Global and Skydance Media is expected to be completed in the coming weeks at a value of $8 billion. The question for the new company is whether the psychic cost is much higher.
Upon the deal’s closing, Skydance and its financial partners are set inject $1.5 billion in cash into Paramount. However, that’s intended to go toward reducing Paramount’s long-term debt ($14.16 billion as of Q1 of 2025) to help stabilize its balance sheet.
Norfolk Southern talks, the Surface Transportation Board has published a resource guide to rail mergers. The post STB creates rail merger resource pages appeared first on FreightWaves.
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Union Pacific, now the subject of merger talks, reports second quarter profit of $1.8 billion
Union Pacific's adjusted profit grew to $1.8 billion in the second quarter as merger rumors to swirl around the nation’s largest railroad
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The signoff on the deal, which could close next month, follows Paramount’s settlement of a Trump lawsuit.
Union Pacific (NYSE:UNP) could reach an agreement to acquire Norfolk Southern (NYSE:NSC) in a potential cash-and-stock deal as early as this week. Read more here.
The US Federal Communications Commission (FCC) approved Paramount's (PARA) $8 billion acquisition of Skydance. Yahoo Finance Senior Reporter Allie Canal outlines what investors need to know about the deal.
On Sunday, the Denver Art Museum (DAM) and the Kirkland Museum of Fine & Decorative Art commemorated their official merger with a vibrant Block Party celebration marking a new era of creativity, accessibility,