Project Rise Partners Supports the Effort by the New York City Pension Fund to Stop Skydance's Acquisition of Paramount Global and Reiterates That Its Offer Is Much Better for Shareholders
- Project Rise Partners supports the New York City Employees Retirement System's lawsuit against Paramount Global's special committee regarding the acquisition by Skydance Media, LLC.
- PRP claims its offer is better, proposing $19 per share for Paramount's Class B Stock, which is about 30% higher than Skydance's offer.
- Moses Gross, Co-Chairman of PRP, stated, 'PRP's offer is far better for the average shareholder.'
- Daphna Edwards Ziman, Co-Chairman of PRP, emphasized the goal to grow Paramount and create jobs in Los Angeles.
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Total News Sources20
Leaning Left2Leaning Right0Center8Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
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