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Paramount Global Stock Sinks on Merger Fallout

10:19am, Wednesday, 12'th Jun 2024
Shares of Paramount Global (NYSE:PARA) are down 1.6% at $10.86 this morning, after the company's largest shareholder, Shari Redstone, eliminated merger talks with Skydance Media.
Rich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss the breakdown in talks between Paramount and Skydance over a proposed merger, what's next for Paramount, media M&A outlook
Paramount Global's majority shareholder Shari Redstone has abruptly ended talks for a potential merger with David Ellison's production company Skydance Media, effectively killing the deal that was in
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When David Ellison's Skydance made a play for Paramount last fall it was how and when (not if) Shari Redstone would tie the knot. Paramount and Skydance worked together. He valued the studio and its c
Firms unable to reach agreed upon terms amid speculation over future of the media empire behind CBS and MTV
Shari Redstone pulled the plug on a deal to sell Paramount Global-parent National Amusements to Skydance Media in a months-long soap opera over the media giant's fate.
CNBC's David Faber reports the latest news on Paramount and Skydance Media.
Paramount Global shares slid more than 7% shortly before market close Tuesday after National Amusements, the media conglomerate's parent company, scrapped merger discussions with Skydance Media, accor
After months of negotiations, Paramount's controlling shareholder Shari Redstone has broken off merger talks with David Ellison's Skydance, according to the WSJ.
National Amusements stops discussions with Skydance on Paramount deal, sources say
Edgar Bronfman Jr. and Bain Capital are said to be teaming up to buy the parent company of Paramount. Erik Gordon, professor at the University of Michigan Ross School of Business delves into the motiv
Matt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the competing bids for Paramount after news of former head of Warner Music Edgar Bronfman Jr. expressing interest in a bid for Paramo
Yet another name has surfaced in the Paramount Global scrum as former entertainment executive and beverage billionaire Edgar Bronfman Jr. is eyeing control of the company in a deal scenario with multi
Disney, Paramount and Reservoir Media have been highlighted in this Industry Outlook article.
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