A Delaware Chancery Court judge agreed to expedite a suit by a group New York City pension funds against Paramount and Skydance but denied their requiest for a temporary restraining order.

A judge on Thursday declined to issue a restraining order to block the Paramount-Skydance merger, but agreed to accelerate an investor lawsuit.

A Delaware judge ruled that Paramount Global’s $8 billion merger with Skydance Media can move forward — but still left the door open for a last-minute, rival bid that insiders say could derail the deal.

McCormick granted a motion to expedite the proceedings, even though it’s unclear when the Skydance-Paramount will get the regulatory greenlight. It is currently before the FCC, on day 111 of a 180-day “shot clock” for agency review, although that timeline is not set in stone.

A Delaware judge is willing to consider allegations in a class action lawsuit that Paramount Global's $8 billion sale to Skydance Media should be blocked from closing because it short-changes public shareholders,

A Delaware judge allows an investor lawsuit over Paramount's $8B sale to Skydance, raising new hurdles for the deal

Paramount Global’s $8 billion sale to Skydance Media LLC will move forward for now even as a judge weighs forcing the Paramount board to consider a last-minute $13.5 billion offer.

The biggest question for Judge McCormick, according to University of Pennsylvania Business Law School Professor Jill Fisch, is whether the largely unknown Prospect Rise Partners is a legitimate

The Shari Redstone-controlled media company released fourth-quarter earnings Wednesday. The company cut streaming losses.

A judge in Delaware Chancery Court denied a request on Thursday by Paramount Global shareholders to issue a temporary restraining order against the company's potential merger with Skydance Media but has agreed to expedite the shareholders' lawsuit so it is completed before FCC review of the merger is completed.