PARAA Jun 2024 22.500 put
| Previous Close | 0.7500 |
| Open | 0.7500 |
| Bid | 0.2500 |
| Ask | 4.7000 |
| Strike | 22.50 |
| Expire Date | 2024-06-21 |
| Day's Range | 0.7500 - 0.7500 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 11 |
- 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
ReutersSkydance awaits word on its enhanced bid for Paramount
Skydance Media on Monday was awaiting a response to its enhanced bid for entertainment conglomerate Paramount Global, in which it offered to buy nearly half of the nonvoting Paramount shares at $15 each, according to a source familiar with the matter. "We received the financial terms of the proposed Paramount/Skydance transaction over the weekend and we are reviewing them," said a spokesperson for movie theater owner National Amusements, which holds 77% of Paramount's class A voting stock. The new proposal follows months of negotiations between Santa Monica, California-based independent studio Skydance and Paramount, which, like other media companies, has been hit by the decline of the traditional television industry.
BloombergEllison’s Latest Paramount Offer Has a $15-a-Share Sweetener
(Bloomberg) -- Film producer David Ellison’s offer for Paramount Global includes an option for nonvoting shareholders to cash out a portion of their stock for about $15 a share, according to a person familiar with the matter.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceGameStop Shares Surge as Gill’s Reddit Return Shows Huge BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Starting to Revolt Over Steep Prices Across
