Judge Declines To Block Paramount-Skydance Merger But Sets Pension Fund Lawsuit On Expedited Schedule
A Delaware judge declined to order an immediate halt to Skydance’s proposed acquisition of Paramount Global, but has set an expedited schedule for considering a shareholder lawsuit to force the consideration of a rival bid. Kathaleen St. Jude McCormick, chancellor in the Court of Chancery, today declined to issue a temporary restraining order, which would […]
A Delaware judge declined to order an immediate halt to Skydance’s proposed acquisition of Paramount Global, but has set an expedited schedule for considering a shareholder lawsuit to force the consideration of a rival bid. Kathaleen St. Jude McCormick, chancellor in the Court of Chancery, today declined to issue a temporary restraining order, which would […]
