Skydance to Offer $23 a Share for Paramount Voting Stock

Skydance Media plans to offer $23 a share to investors in Paramount Global’s voting stock as part of its plan to merge with the film and TV giant, according to people with knowledge of the matter.

The bid would be made to investors other than members of the Redstone family, which holds most of the voting stock, said the people, who asked not to be identified discussing terms that haven’t been made public.