Shari Redstone walked away last month, but returned to the table with her National Amusements company
Paramount Pictures appears to be closer to finalizing a proposed multibillion-dollar merger, weeks after its controlling shareholder walked away from negotiations.
The future of Paramount Global, which also owns CBS, Nickelodeon and the UK’s Channel 5, has for months been the subject of fevered speculation in Hollywood. Shares in the media company rose sharply on Wednesday morning amid reports that the talks were back on.
