Paramount shares fall 7% as takeover saga finally appears to be coming to an end
Paramount stock (PARA) fell over 7% on Tuesday after the company announced the official end of its “go-shop” period and billionaire Edgar Bronfman Jr. dropped out of the race to buy Paramount late Monday. Paramount’s announcement all but confirms that…
Paramount shares down after Edgar Bronfman’s departure dashes hopes of bidding war
Paramount Global shares fell on Tuesday after Edgar Bronfman Jr. exited the Paramount deal last night, disappointing shareholders who had hoped for a bidding war with Skydance. “It was a gamble from the start,” one investor said of Bronfman’s offer….
Paramount shares fall 5% as takeover saga finally appears to be coming to an end
Paramount (PARA) shares fell over 5% early Tuesday after the company announced the official end of its “go-shop” period as billionaire Edgar Bronfman Jr. dropped out of the race to buy Paramount late Monday. Paramount’s announcement all but confirms that…
Paramount Global Sale: The Battle of the PowerPoints
Recently, an anonymous shareholder of Paramount Global came forward and shared his Issue about my reporting on the David Ellison/Skydance offer for the company and NAI, the Red Stone family holding company. He saw my work as “in the bag”…
