The media heiress reached a preliminary agreement to sell her controlling stake in Paramount Global to  Skydance Media – just weeks after she walked away from a deal between the two sides, accordi
Skydance Media and Paramount Global are back in merger negotiations, according to multiple outlets, sending Paramount shares up more than 8% as the two companies re-enter the deal-making process follo
In a stunning reversal, David Ellison's Skydance Media and the Shari Redstone-controlled Paramount Global are back at the M&A altar. The companies have reached terms on a revised merger agreement for
National Amusements, Paramount's controlling company, last month reportedly ended talks with Skydance.
Paramount shares pop 9% on news of preliminary Skydance Media deal
Skydance Media has reached a preliminary agreement to buy Shari Redstone's family company National Amusements and merge with Paramount Global PARA 5.72%increase; green up pointing triangle, rekindling
Scott Mills is teaming up with Chinh Chu, the head of CC Capital, in a bid for BET, according to Bloomberg News.
Paramount Global stock jumped 6% on the latest report it has resumed talking to potential buyers of select assets after pausing the divestments during ultimately fruitless merger talks with Skydance M

3-Stock Lunch: Eli Lilly, Paypal, & Paramount

03:34pm, Tuesday, 02'nd Jul 2024
Boris Schlossberg, managing director of FX strategy at BK Asset Management, joins CNBC's 'Power Lunch' to discuss how to play three stocks: Eli Lilly, Paypal, and Paramount.
IAC (IAC) has signed a non-disclosure agreement with National Amusements. George Tsilis discusses Barry Diller's IAC bid for Paramount.
CNBC's Julia Boorstin joins 'The Exchange' to report Paramount as the stock of the legacy media is trading higher after news of its streaming arm's potential merger talks.
Barry Diller's IAC is exploring a bid to take control of Paramount Global, CNBC's David Faber reported on Tuesday. The offer would be for Shari Redstone's National Amusements Inc., the controlling sha

M&A Buzz Sends Paramount Global Stock Surging

10:51am, Tuesday, 02'nd Jul 2024
Shares of streaming platform Paramount Global (NASDAQ:PARA) are 2.6% higher to trade at $10.41 this morning, after several companies have expressed interest in a merger.
Media mogul and IAC Chairman Barry Diller is reportedly exploring a bid to acquire Paramount Global (PARA), according to New York Times reports, after his company signed non-disclosure agreements (NDA
Rich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss how many people are looking at a bid for Paramount, the price an investor would pay for the studio, and more.
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