Then a mysterious alternative bidder emerged. In late January, a group called Project Rise Partners said it was prepared to pay $13.5 billion for Paramount, $5 billion more than Skydance's deal. The ...

The growing drama around entertainment giant Paramount (PARA) and its newfound suitor, Project Rise Partners, is starting to heat up. In fact, Project Rise released new statements about recent ...

(Reuters) - Skydance Media and Paramount Global's $8 billion merger would be automatically extended by 90 days after its deadline of April 7 under the terms of the companies' agreement.

The deal also faces one class-action lawsuit from a group of New York City pension funds, who allege the Paramount board breached its fiduciary duty by not considering Project Rise Partners’ bid ...

Skydance also raised the possibility that Bronfman, who made his own late attempt to buy Paramount only to withdraw it in August, could be behind Project Rise’s bid. If so, the Paramount board ...

Developers want to re-invigorate the Inlet Square Mall property. Here’s an update on the project’s progress and when ...

In late January, a group called Project Rise Partners said it was prepared to pay $13.5 billion for Paramount, $5 billion more than Skydance’s deal. The team, in a letter this month to the FCC ...

In January, an investor group known as Project Rise Partners submitted a proposal valued at $13.5 billion to acquire Paramount, but that was rejected by a special committee of Paramount's board.