Skydance was able to leverage its longstanding ties with Paramount as a co-finance partner.
(Axios last October had also reported on PRP agitating for consideration of its post-deadline bid.)
Curiously, the Friday letter also drew a contrast with Skydance in terms of staffing.
Paramount and SkydanceGetty Images
(Paramount itself shed 15% of U.S.-based workers in recent months.)
The idea of a last-minute twist to the Paramount merger melodrama is migraine-inducing to some observers.
Its just silliness, one person familiar with the merger process said of the PRP saber-rattling.
Reps for Redstone,Paramount Globaland Skydance declined to comment when contacted by Deadline.
