Tag Archives: merger

Union Pacific, Norfolk Southern said to be nearing a cash and stock merger deal  Seeking Alpha Report: Union Pacific, Norfolk Southern could reach merger deal by next week  Yahoo Finance Why a $200bn US rail megamerger could still hit the buffers  Financial Times Union Pacific nearing agreement to buy Norfolk Southern Bloomberg reports  Reuters Big railroad that serves SC, Port of Charleston confirms it’s …

The entertainment company Paramount Global is expected to close its $8bn merger agreement with Skydance Media on August 7, a date that marks two weeks after the administration of President Donald Trump gave its approval. On Friday, the two companies announced the final stage of the yearlong deal, which was first unveiled in July 2024. The merger is considered a …

Pinnacle Financial, Synovus Financial Agree to $8.6 Billion Merger – WSJ  The Wall Street Journal Pinnacle Financial Partners, Synovus Financial to merge in $8.6 billion deal  Reuters 2 Southern regional banks are merging in blockbuster $8.6 billion deal  AL.com Columbus-based Synovus confirms merger. What to know about new company, leaders  Columbus Ledger-Enquirer Pinnacle Deal With Synovus Sparks Questions on Talent Retention (PNFP, SNV)  Bloomberg.com Source …

UPDATED with internal memo: Paramount Global’s co-CEOs told employees Friday that they expect an August 7 closing date for the company’s merger with Skydance, praising staffers’ efforts during the grueling process of getting the deal done. The companies had earlier confirmed the expected closing date, which follows an epic, years-long effort to sell the home of Paramount Pictures and CBS. …

Business The question of what a merger could mean is causing ‘a lot of anxiety and concern’ for employees, one union leader said. Credit: arvin.temkar@ajc.com A trainee at the Norfolk Southern Training Center in McDonough on Friday, March 7, 2025. Norfolk Southern and its Midwestern and Western counterpart, Union Pacific, on Thursday confirmed they are in “advanced discussions” about a …

Employees of Paramount Global have been through the wringer over the last year and a half. And the uncertainty hanging over their heads is far from over. After M&A talks with Skydance Media that started in late 2023 whipped back and forth, the parties in July 2024 announced they had reached a deal to merge. Then Paramount endured another year …

FCC approves Skydance-Paramount merger  Axios FCC Approves Skydance’s Merger With Paramount  The New York Times Trump’s FCC finally lets two media companies merge  CNN Skydance Tells FCC It Will Create CBS News Ombudsman, Eliminate DEI at Paramount  The Hollywood Reporter Paramount Co-CEO Chris McCarthy To Depart Upon Completion Of Skydance Acquisition As Deal Gets FCC Approval  Deadline Source link

FCC approves $8 billion Paramount-Skydance merger after lengthy review  The Washington Post FCC Approves Skydance’s Merger With Paramount  The New York Times Trump administration greenlights Paramount’s $8 billion merger with entertainment group Skydance  NBC News FCC chair pleased with Skydance vow to make changes at CBS  Reuters $8 billion acquisition of Paramount by Skydance Media approved by the FCC  ABC News Source link

The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024.  Yuki Iwamura | Bloomberg | Getty Images The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media. The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount Pictures and the Nickelodeon channel. …

Chris McCarthy, co-CEO of Paramount Global and president of Showtime/MTV Entertainment, is expected to depart the company once its acquisition by Skydance is completed early next month. McCarthy, a 22-year veteran of Paramount Global and predecessor Viacom, is making the move ahead of Skydance announcing the post-merger leadership of the combined company, which will involve a CEO change that would …