Skydance rips rival Paramount bidder in court over alleged ‘fraud’ and ‘misrepresentation’ in $8.8B offer

Skydance is calling out a rival bidder for Paramount for allegedly attempting to derail the Hollywood studio’s merger with the media giant, claiming it has uncovered proof of “fraud” and “misrepresentation” in an $8.8 billion competing offer. Rival investor consortium Project Rise Partners has allegedly “fraudulently misrepresented itself” to the Delaware Chancery Court, according to...

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