Shari Redstone, the chair of Paramount Global, has been diagnosed with thyroid cancer, a spokesperson confirmed to Reuters. Redstone, who sought medical attention after experiencing fatigue and other symptoms, received her diagnosis two months ago and underwent surgery to remove her thyroid gland. Unfortunately, traces of cancer were found to have spread to her vocal cords, as reported by the New York Times.
Despite these challenges, Redstone is committed to continuing her professional and philanthropic endeavors during her ongoing treatment. According to her spokesperson, Molly Morse, the prognosis is positive, and Redstone has shared her diagnosis with a small circle of family and close associates, including David Ellison of Skydance Media, who is involved in the upcoming purchase of Paramount and the Redstone family’s stake.
This diagnosis arrives as Paramount Global is gearing up for an $8.4 billion merger with Skydance Media, which awaits approval from the U.S. Federal Communications Commission (FCC). Additionally, the company is engaged in mediation regarding a lawsuit involving former President Donald Trump against CBS, reportedly offering $15 million to resolve the matter.
In summary, Shari Redstone is tackling her health issues while navigating significant corporate developments, including major mergers and legal settlements, with a strong support network and an optimistic outlook on her recovery.
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