 Three and a half points, and the tech-heavy Nasdaq has gained 40. The long-drawn-out sale of Paramount Global is coming to an end, seemingly, as the company's key shareholder backed Skydance Media's buyout bid. A special committee of Paramount's board members voted in favor of a merger with Skydance, the studio run by David Ellison. As a first step to the deal, Skydance would buy National Amusements, the company that controls Paramount, before the eventual Skydance-Paramount merger.