Paramount, Skydance Agree on Merger Terms; $8 Billion M&A Deal Could Be Announced Soon

Paramount, Skydance Agree on Merger Terms; $8 Billion M&A Deal Could Be Announced Soon

Paramount and Skydance agreed on their merger terms. Will Shari Redstone approve the M&A deal? Here are the latest details.


Former ESPN and Turner Chiefs Join Forces for New Women’s Basketball League

Former ESPN President John Skipper and ex-Turner President David Levy are spearheading Unrivaled, a new women’s basketball league launching in January 2025.

Boeing Clinches $7.5 Billion Deal to Develop 'Smart' Bombs for US Military

Boeing has secured a $7.5 billion contract from the US government to convert unguided bombs into Joint Direct Attack Munitions (JDAMs).

Queen's Music Catalog To Be Purchased by Sony; Electronics Giant In Talks With Investor To Make Billion-Dollar Acquisition

Sony wants to purchase Queen's music catalog. The electronics giant is willing to pay $1 billion to acquire it.


Latest News

BRITAIN-BUSINESS-ROYAL MAIL
Shareholders of Royal Mail's IDS and mining company Anglo American are bracing for final takeover offers, which could lead to possible foreign ownership of these UK firms.
T-Mobile Purchases US Cellular Operations, Expands 5G Coverage
T-Mobile is acquiring US Cellular’s wireless operations and spectrum assets for $4.4 billion, enhancing its network coverage and capacity while consolidating the industry.
Elon Musk's xAI Valued at $24 Billion After Securing New Funding to Compete Against OpenAI
Elon Musk's AI startup xAI has successfully secured $6 billion in series B funding, propelling its post-money valuation to an impressive $24 billion.
Aramco
Saudi Arabia might be selling Aramco shares for $10 billion as early as June. A picture taken on September 15, 2019 shows an Aramco oil facility near al-Khurj area, just south of the Saudi capital Riyadh.
China Evergrande New Energy Vehicle Group's stock price doubled when trading restarted on Monday, May 27.
Walmart Ends Credit Card Deal with Capital One Over Processing Delays
Walmart has ended its partnership with Capital One, the issuer of its consumer credit cards, following a legal dispute over service delays, with existing cardholders unaffected and a search for a new banking partner underway.
DuPont Splits Into 3 Public Businesses, Appoints New CEO
DuPont announced that it was splitting itself into three companies in the span of 18 to 24 months, with its electronics and water businesses becoming its own separate entity.
Vivek Ramaswamy Buys 7.7% Stake in BuzzFeed, Leading to 20% Share Price Surge
Former GOP presidential candidate Vivek Ramaswamy, a potential Trump running mate, acquired a 7.7% stake in BuzzFeed, causing the company's shares to surge by 20%.
News Corp, OpenAI Sign Unprecedented $250 Million Journalism Content Licensing Deal
NewsCorp and OpenAI have signed an agreement allowing the tech startup to access the content from the media conglomerate’s news sites.
Bank of Japan Announces 11-Year High in 10-year Government Bond Yield
The 10-year Japanese Government Bond (JGB) rose to its highest level in 11 years since a similar rating was recorded back in 2013.
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