UPDATED with latest on Paramount merger talks: A one-month exclusive negotiating window between Paramount Global and Skydance ended at midnight last night and has not been renewed. But the David Ellison company is still in the mix as a special committee of Paramount’s board meets today. The group is considering how to approach a very different all-cash offer from Sony and Apollo.


Deadline hears that the committee may be lookin at a so-called “go shop” provision, which allows a public company to explore competing offers even it’s already has a firm purchase offer in hand. The duration of a go-shop period is usually one to two months.