🏔️ A Paramount-Skydance Post-Postmortem — 🎁 Puck

Since the deal fell apart a week ago, the Paramount stock is down 17 percent. Shari’s stake in the company is now worth less than $700 million. She and her family could have likely netted around $2 billion had she said yes to Ellison/RedBird.

I get the frustration and resentment, but boy does it seem like the dumb move to walk away at this point, went they went so far down this path. Even if she got sued and lost, she’d still have more cash than her stake is valued now…