Paramount investor rips Shari Redstone’s deal to sell media giant to Skydance: ‘Detrimental to the company’s value ‘
A Paramount Global investor slammed Shari Redstone over her deal to sell the company to Skydance Media, claiming the heiress is attempting to enrich herself at the expense of regular shareholders. In a Monday letter, Matrix Asset Advisors pleaded with Paramount’s board to reject Skydance’s bid to merge with the media giant, calling it “detrimental”...