Home › Viacom wants to sell stake in Paramount Pictures
 

Keywords :   


Viacom wants to sell stake in Paramount Pictures

2016-02-24 09:35:00| Telecompaper Headlines

(Telecompaper) Viacom said it is looking to sell a "significant strategic minority" stake in Paramount Pictures. The announcement was made by CEO Philippe Dauman at at the Jefferies Media & Communications Conference in New York City. Daumann said the transaction would benefit the companies, both strategically and financially, creating value going forward. Viacom has retained PJT Partners as its financial advisor to assist with the process.

Tags: sell pictures stake paramount

Category:Telecommunications

Latest from this category

All news
»
01.11Eastern North Pacific Tropical Weather Outlook
01.11Atlantic Tropical Weather Outlook
01.11How Japan's youngest CEO transformed Hello Kitty
31.10Unicharm to Expand in Africa
31.10Essity Named Diversity Leader by Financial Times
31.10Maxcess to Make FIFE Guiding Products in Mumbai
31.10Renee Starr Joins Hospeco
31.10RRD expands emissions reduction efforts
More »