Acquisition of Paramount Communications Essay by The Research Group

Acquisition of Paramount Communications
This paper discribes the legal and corporate battle among QVC Network (Barry Diller), Viacom and Liberty Media to aquire Paramount Communications.
# 21528 | 1,125 words | 9 sources | 1994 | US
Published on Feb 27, 2003 in Business (Companies) , Business (Finance, Investment and Banking)


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From the Paper:

"In recent years, takeovers and acquisitions have consolidated numerous small companies into larger and larger conglomerates, and Hollywood has become the target of such consolidation moves on more than one occasion. Paramount Pictures is the latest company to become the company of choice for several bidders. the two primary bidders have been the QVC Network headed by Barry Diller, who was once studio chief for Paramount before moving to 20th Century-Fox and then Fox Broadcasting, and Viacom, headed by Sumner Redstone. There are other companies looking at Paramount as an acquisition as well, notably Ted Turner's Turner Broadcasting. Acquisition of Paramount by any of these bidders would signal a change in the competitive environment.

QVC Network is a company that has been noted for its direct ... "

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