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  1. National Amusements is a private company that owns over 1,500 cinema theaters and is the controlling shareholder of Paramount Global. It was founded by Michael Redstone in 1936 and is now led by his daughter Shari Redstone, who plans to sell it to Skydance Media in 2024.

  2. Jul 7, 2024 · Just moments ago, it was announced that we have entered into an agreement under which Skydance Media will acquire National Amusements and merge Skydance’s business with Paramount Global.

  3. By July 2, 2024, Skydance renegotiated the deal and reached a preliminary agreement to acquire National Amusements and merge with Paramount. [8] The deal was referred by National Amusements to Paramount's special committee. [104]

  4. Apr 3, 2024 · The new updates come after Skydance reportedly made a takeover offer for National Amusements earlier this year amid widespread deal chatter swirling around Paramount and its parent company.

  5. Jul 2, 2024 · In a holiday week shocker, Skydance Media and Shari Redstone’s National Amusements Inc. have quietly renewed acquisition talks and have reached a tentative agreement to acquire Paramount Global.

  6. Jul 12, 2024 · Billionaire investor Mario Gabelli's investment firm is seeking more details about the valuation of National Amusements assets, the investor told Reuters on Friday, signaling the firm may ...

  7. May 25, 2023 · Paramount Global owner National Amusements Inc. is getting a $125 million cash infusion that the Redstone family holding company says will help shore up its ownership of the entertainment firm.