Read previewAfter months of negotiations, Paramount has inked a merger agreement with film studio Skydance Media, owned by David Ellison, son of billionaire Oracle founder Larry.
The Ellison family and RedBird will invest $6 billion and $2 billion, respectively, to take over Paramount and bolster its balance sheet.
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Advertisement"I think it's my biggest competitive advantage that I don't get emotionally attached," Cardinale told Business Insider in 2022.
Business Insider spoke with 27 of Cardinale's colleagues and peers to learn more about his winning strategy.
Persons:
—, David Ellison, Larry, Ellison, RedBird, Gerry Cardinale, Goldman Sachs, " Cardinale, Jeff Shell, Skydance, Goldman, Jon Winkelried, Gerry
Organizations:
Service, Paramount, Skydance Media, RedBird Capital Partners, Business, New York Yankees, Dallas Cowboys, NFL, AC Milan, Weatherford Capital, TPG
Locations:
Skydance, RedBird