The $8 billion deal, which remains stuck in regulatory limbo, is poised to trigger its second 90-day extension next week.

National Amusements, which operates a global chain of movie theaters, was told about suspicious activity and possible malware in its systems in December 2022, James said.

National Amusements, the private theater chain company through which Sumner Redstone controls Viacom, said a sale now could hinder Viacom’s prospects.

National Amusements, too, has faced challenges. The company took a $125 million strategic investment in May from BDT & MSD Partners, with the proceeds paying down debt and paying back loans.

Under the terms of the deal, Skydance will pay Redstone $1.75 billion to acquire National Amusements, which controls 77% of Paramount’s class A voting stock. The deal also includes a 45-day go ...

LOS ANGELES (Reuters) -Shares of Paramount Global jumped 6.5% on Wednesday after reports said Shari Redstone's National Amusements had reached a preliminary deal to sell its controlling interest ...

National Amusements, which owns movie theaters in the U.S., Britain, and Latin America, holds the Redstone family's 77% stake in Paramount's Class A voting stock.

Tech scion David Ellison has reached a preliminary deal to buy the Redstone family holding company National Amusements Inc., which would give his Skydance Media control over Paramount Global ...

National Amusements, which owns about 77% of the voting shares of Paramount, has referred the new deal to the special committee for review. The panel met Tuesday evening to discuss it, the people ...

Shares of Paramount Global jumped 6.5% on Wednesday after reports said Shari Redstone's National Amusements had reached a preliminary deal to sell its controlling interest in the storied media ...

National Amusements ending deal talks with Skydance a "misstep" - Wells Fargo FedEx to cut up to 2,000 back-office jobs in Europe TSMC poised to "benefit" from Apple's AI push - Bank of America ...