Paramount Global has rejected a last-minute counteroffer from Project Rise Partners, saying 'there will not be any engagement' on the investors' bid.

Variety has obtained a legal letter that is being sent to Paramount’s board Friday, Jan. 24, from Project Rise Partners that outlines a new bid that is higher than an all-cash offer the ...

Variety has obtained a legal letter that is being sent to Paramount’s board Friday, Jan. 24, from Project Rise Partners that outlines a new bid that is higher than an all-cash offer the ...

Paramount (PARA) Global has rebuffed an unsolicited $13.5B takeover offer from a consortium of investors called Project Rise Partners and has reaffirmed its commitment to the previously $8B ...

The unsealed class-action complaint alleges the media giant failed to sufficiently consider the alternative option from Project Rise Partners ...

The website aobtained a legal letter that is being sent to Paramount’s board today from Project Rise Partners that outlines a new bid that is higher than an all-cash offer the consortium made ...

The $13.5 billion offer made by Project Rise Partners included $5 billion for debt restructuring and a $2 billion for bolstering the balance sheet. The offer envisages Paramount shareholders ...

“Project Rise Partners did not make a proposal during such period, nor during the prior seven-month sale process for Paramount. It is unclear what PRP’s objectives are; however, Paramount is ...

“Project Rise Partners did not make a proposal during such period, nor during the prior seven-month sale process for Paramount. It is unclear what PRP’s objectives are; however, Paramount is ...

Paramount Global (NASDAQ:PARA) rose 1.2% after a report of a last-ditch competing offer for the famed entertainment company. Project Rise is offering $19 a share for Paramount's Class B shares ...