Square is legendary and a partner. Don't even need to be exclusives.
It just kind of makes sense.
Sony Pictures reportedly in talks to buy Paramount. |UP|Sony Makes $26 Billion All-Cash Offer for Paramount.
- Thread starter Eternal_Wings
- Start date
It just kind of makes sense.
Paramount Shares Dip On Report Sony “Rethinking” $26 Billion Bid
Shares of Paramount Global dipped on a CNBC report that Sony and Apollo may be "rethinking" their joint bid for the company.
deadline.com
OP
OP
Paramount Shares Dip On Report Sony “Rethinking” $26 Billion Bid
Shares of Paramount Global dipped on a CNBC report that Sony and Apollo may be "rethinking" their joint bid for the company.
Good away with this madness. Good thing is the cash they set aside for this possible transaction, will go back to the investments pool. More money for M&A.
Good, the only people cheering for this were wish.com Michael Pachters. I've never seen such bad business takes in my life.
OP
OP
LOL, Sony signing an NDA is literally a necessary step in moving forward with an M&A.
That Sony is signing an NDA means this is moving forward to examine the financials of Paramount something that is legally required for due diligence before doing an M&A. It means they're obviously still interested and reports that they were reconsidering the bid, definitely were a bit overblown. It might not end up being the 26B bid, but unless Sony finds something radioactive in their books, an official bid of some sort is coming.
Sony is entirely unlikely to just back out of the deal as some suggested. That would look completely incompetent.
@Sircaw is there anything that can be done about clear trolling here?
OP
OP
Can you explain for the class why Sony signing an NDA is a red flag?
No, NDA is a contract to avoid both parts to share information about a sensitive, confidential topic. In this case, a company acquisition.
This means they started serious converstions to start the first steps of the acquisition conversations and negotiations (due diligence to make sure of the state and valuation of the company to maybe be acquired, initial offer or options to pay the acquisition and evaluations of possible integration plans, etc.)
In gamedev companies NDAs are signed as an example to don't talk about unannounced games or parts of games, source code or certain KPIs of the company and other confidential info, negotiations with investors, platform holders or publishers, etc.
Skydance Sweetens Merger Offer for Paramount
https://www.wsj.com/business/media/...y85n3mc1b0cx&reflink=mobilewebshare_permalink
Skydance’s offer is a two-step process. In the first step of the deal, Skydance would buy National Amusements, the privately held movie theater company through which Redstone controls Paramount. National Amusements owns about 77% of the voting shares of Paramount.
Previously, Skydance had offered to buy National Amusements for around $2 billion in cash. Then in a second step of the deal, Paramount would acquire Skydance with stock at a valuation of $5 billion—a proposal that many shareholders vocally opposed because they saw the transaction as a sweetheart deal for Redstone.
Skydance has revised its offer a couple of times—most recently in the past few days to make it more attractive to all shareholders. Skydance has also agreed to put more money into Paramount, the people said, though additional details couldn’t be learned. Under the previous offer, it had proposed putting $3 billion in cash into the company and for shareholders.
The exact terms of the revised offer couldn’t be learned, but it is more favorable to both Paramount’s voting and nonvoting shareholders, according to people familiar with the situation.
If Paramount’s committee of directors recommends the deal, it will be up to Redstone to decide if she wants to pursue the merger.
https://www.wsj.com/business/media/...y85n3mc1b0cx&reflink=mobilewebshare_permalink
Skydance’s offer is a two-step process. In the first step of the deal, Skydance would buy National Amusements, the privately held movie theater company through which Redstone controls Paramount. National Amusements owns about 77% of the voting shares of Paramount.
Previously, Skydance had offered to buy National Amusements for around $2 billion in cash. Then in a second step of the deal, Paramount would acquire Skydance with stock at a valuation of $5 billion—a proposal that many shareholders vocally opposed because they saw the transaction as a sweetheart deal for Redstone.
Skydance has revised its offer a couple of times—most recently in the past few days to make it more attractive to all shareholders. Skydance has also agreed to put more money into Paramount, the people said, though additional details couldn’t be learned. Under the previous offer, it had proposed putting $3 billion in cash into the company and for shareholders.
The exact terms of the revised offer couldn’t be learned, but it is more favorable to both Paramount’s voting and nonvoting shareholders, according to people familiar with the situation.
If Paramount’s committee of directors recommends the deal, it will be up to Redstone to decide if she wants to pursue the merger.
NDA is the norm in that type of negotiation.
Sony will into private financials of the Paramount so they can’t tell others what they saw.
OP
OP
And it's done, bye bye Sony Pictures 
www.ft.com
@TubzGaming Maybe an update to thread would be good.
Paramount directors support sweetened offer from Ellison’s Skydance
Final decision over Hollywood studio group rests with controlling shareholder Shari Redstone
www.ft.com
@TubzGaming Maybe an update to thread would be good.
OP
OP
Nice, I actually bought Sony stock assuming this wasn't going to happen.
Now watch the market react as if not closing this garbage deal is a bad thing.
OP
OP
Someone check on Mibu and Yurinka.Nice, I actually bought Sony stock assuming this wasn't going to happen.
Now watch the market react as if not closing this garbage deal is a bad thing.
Good but I just doubt the leadership will have such enthusiasm to spend on gaming, it's annoying how conservative they are with gaming acquisitions.
OP
OP
Agree PlayStation get’s sadly despite being the most profitable division, treated like a stepchild…Maybe Nishino can have an impact on the Sony leadership.
I hope so, they need to leverage their position in the market and their ability to control things, to deny PC key titles and make PS consoles the best and only real option for serious gamers.
The things we have discussed many times, no ports, buy From, keep Capcom and Square games off PC for as long as possible.