Paramount Global has rejected a last-minute counteroffer from Project Rise Partners, saying 'there will not be any engagement' on the investors' bid.

In late October, Project Rise Partners released an open letter to Paramount shareholders about the $13.5 billion all-cash offer it made after the ‘Go-Shop’ period ended.

The website aobtained a legal letter that is being sent to Paramount’s board today from Project Rise Partners that outlines a new bid that is higher than an all-cash offer the consortium made ...

Paramount (PARA) Global has rebuffed an unsolicited $13.5B takeover offer from a consortium of investors called Project Rise Partners and has reaffirmed its commitment to the previously $8B ...

Variety has obtained a legal letter that is being sent to Paramount’s board Friday, Jan. 24, from Project Rise Partners that outlines a new bid that is higher than an all-cash offer the ...

“Project Rise Partners did not make a proposal during such period, nor during the prior seven-month sale process for Paramount. It is unclear what PRP’s objectives are; however, Paramount is ...

The unsealed class-action complaint alleges the media giant failed to sufficiently consider the alternative option from Project Rise Partners ...

But consider all that has happened since the first of the year: A stealthy investor group known as Project Rise Partners has gone public with a Hail Mary bid that values Paramount Global at $13.5 ...

Project Rise Partners' (PRP) $13.5B offer for Paramount challenges Skydance's $4.75B deal, raising legal questions about the go-shop window and the board's fiduciary duties. PRP claims their ...

The statement follows reports that an eleventh-hour offer had been tabled by investment consortium Project Rise Partners (PRP). Paramount studio gate in Los Angeles (Image credit: Mario Tama/Getty ...

“Project Rise Partners did not make a proposal during such period, nor during the prior seven-month sale process for Paramount. It is unclear what PRP’s objectives are; however, Paramount is ...