Business

The future of Paramount Global is hanging in the balance as the special committee has decided to extend the “go shop” period of its merger agreement with Skydance by 15 days. This extension comes as Edgar Bronfman Jr. presents a competing offer for Shari Redstone’s National Amusements, the controlling shareholder of Paramount. Initially offering $4.3
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Ford Motor’s recent announcement regarding the delay in production of a next-generation all-electric pickup truck and the cancellation of plans for a three-row electric SUV highlights a shift in the company’s electric vehicle strategy. Instead of focusing solely on all-electric vehicles, Ford has decided to prioritize the development of hybrid models and electric commercial vehicles.
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