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Skydance Shares Tumble 25% After Issuing 471 Million Stock Warrants to Paramount Investors

The Wrap ·
Skydance Shares Tumble 25% After Issuing 471 Million Stock Warrants to Paramount Investors

Shares of Skydance plunged 25% on Wednesday after the David Ellison-led media giant issued 471 million warrants that gives holders in Paramount Skydance’s Class B stock the opportunity to acquire shares in the new compan

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