Paramount and Skydance's $8 billion+ merger is set to close on August 7th, following FCC approval. The combined company, trading under the ticker symbol PSKY on Nasdaq, will be led by co-CEOs George Cheeks, Chris McCarthy, and Brian Robbins. Shareholders have deadlines to elect their preferred form of consideration. The merger raises questions about future layoffs and the fate of Paramount's linear cable networks.
Prepared by Christopher Adams and reviewed by editorial team.
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