Legal threat from Mario Gabelli was ‘major factor’ in collapse of Paramount’s $8B deal with Skydance

Josh Kosman, Alexandra Steigrad
Thu, 13 Jun 2024 14:03:39 -0400

A legal threat from investor Mario Gabelli was a "major factor" in this week's implosion of Shari Redstone's deal to merge Paramount Global with Skydance Media.