PARA Jun 2024 11.000 call
| Previous Close | 1.1700 |
| Open | 2.0500 |
| Bid | 1.5100 |
| Ask | 2.1000 |
| Strike | 11.00 |
| Expire Date | 2024-06-21 |
| Day's Range | 1.8100 - 2.0500 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 7.59k |
- Yahoo Finance Video
Paramount stock pops on movement in Skydance deal
Paramount (PARA, PARAA) shares are surging on reports that the company has agreed to the terms of a deal with Skydance Media, which would merge the two companies while keeping Paramount publicly traded. Yahoo Finance Senior Reporter Alexandra Canal breaks down the details of the deal and the potential timeline for its completion. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Yahoo Finance Video
Skydance, Paramount reach potential merger agreement: CNBC
Shares of Paramount (PARA, PARAA) are on the rise Monday following a CNBC report indicating that Skydance is set to announce its highly anticipated deal with the media giant in the near future. The agreement is expected to provide shareholders with the opportunity to either cash their holdings out or roll them over into the new venture, although the specifics of the deal are still subject to ongoing negotiations. Yahoo Finance's Alexandra Canal breaks down the details of the deal. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Barrons.comSkydance’s Fresh Offer Gives Paramount Shareholders an Out. They May Want to Take It.
Skydance Media has revised its offer to buy Shari Redstone’s firm National Amusements and merge with Paramount Global giving Paramount’s nonvoting shareholders the option to cash out at a premium, The Wall Street Journal reported. After a prolonged period of speculation and uncertainty about what will happen to the media conglomerate and film producer, Paramount’s investors may want to take the improved offer. Billionaire investor Warren Buffett sold off much of his Paramount stake in the first quarter and probably divested the last of it in the second.
