Latham & Watkins advised Skydance Media on completed merger with Paramount Global
The leading global law firm Latham & Watkins LLP advised Skydance Media and the investor group comprising the Ellison Family and RedBird Capital Partners on the successful completion of its merger with Paramount Global. The transformative transaction creates a premier standalone global media and entertainment company, Paramount, a Skydance Corporation. Following the merger, Paramount Class B shares will begin trading on the Nasdaq Stock Market LLC under the new ticker symbol “PSKY.” Backed by RedBird Capital’s business-building expertise and financial strength, the combined company aims to leverage technology and innovative leadership to drive long-term growth and success.
The Latham & Watkins team was led by Charles Ruck (Partner), Ian Nussbaum (Partner), Max Schleusener (Partner), Rick Offsay (Partner), and Liliana Paparelli Ranger (Partner), with support from Lauren Lefcoe (Associate) and Rachelle Polsky (Associate). Advice on tax matters was provided by Pardis Zomorodi (Partner) and Katharine Moir (Partner), and on executive compensation, employment, and benefits matters by Julie Crisp (Partner).
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