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Skydance Media and Paramount Global agreed to merge, the companies announced late on Sunday (July 7), scripting a new chapter for one of Hollywood’s oldest studios. The companies agreed to a two-step process in which Skydance and its deal partners will acquire National Amusements, which holds the Redstone family’s controlling stake in Paramount, for US$2.4 billion (S$3.2 billion) in cash….

 

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