Skydance Media’s revised offer to buy National Amusements and merge with Paramount Global gives the entertainment conglomerate’s nonvoting shareholders an option to cash out at a premium, according to people familiar with the matter.

https://www.wsj.com/business/deals/revised-skydance-offer-gives-paramount-shareholders-opportunity-to-cash-out-at-15-a-share-3c2a16b1