Skydance: Skydance Cites "Overwhelming Evidence" Of Fraud By Late-Arriving Paramount Bidder, Accuses It Of "Hijacking" Merger Review Process

Skydance's legal team is fighting back against efforts to derail its pending $8 billion merger with Paramount Global, accusing a rogue rival bidder of trying to "hijack" the regulatory review process. In a letter filed with the FCC, which is reviewing the transaction, David Ellison's company laid out its concerns about Project Rise Partners. The [...]