Investor Mario Gabelli Sues Shari Redstone’s National Amusements Inc. Alleging ‘Unfair and Inequitable’ Terms in Paramount-Skydance Merger

Billionaire investor Mario Gabelli has long been complaining that Paramount Global’s deal to merge with Skydance Media was a bad deal for former Class A shareholders of the media company. Now his investment firm has officially taken the matter to court. On Wednesday, Gabelli’s GAMCO filed a lawsuit in Delaware Chancery Court seeking class-action status […]