Paramount Skydance still hasnt submitted a buyout…
Paramount Skydance has yet to formally strategy Warner Bros. Discovery with a hotly anticipated buyout offer – fearful that it may very well be used by the latter’s wily CEO David Zaslav to store the company to any quantity of potential suitors, On The Money has discovered.
It’s been almost two weeks since news first broke that Paramount Skydance CEO David Ellison, backed by the deep pockets of his father, Oracle co-founder Larry Ellison, supposed to make an all-cash offer for Warner Bros. Discovery.
The buyout bid – which might kick off talks for a merger that insiders say…
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