A Sticking Point in Paramount and Skydance Talks: Who Pays For a Lawsuit? – The New York Times

Paramount and Skydance have haggled for months over an ambitious merger that would usher in a new ruler of a sprawling media kingdom that includes CBS, MTV and the film studio behind “Top Gun.”

The talks reached an even greater intensity in the past week, but at least one major sticking point has emerged between Shari Redstone, Paramount’s controlling shareholder, and Skydance. In the event that Paramount’s investors sue over the merger, which party is on the hook to defend the deal in court?

Source: A Sticking Point in Paramount and Skydance Talks: Who Pays For a Lawsuit? – The New York Times