PARAA Jun 2024 25.000 put
| Previous Close | 2.8000 |
| Open | N/A |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 25.00 |
| Expire Date | 2024-06-21 |
| Day's Range | 2.8000 - 2.8000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 10 |
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 Double as Gill Post Shows $116 Million BetHomebuyers Are Starting to Revolt Over Steep Prices Across USMnuchin Chases Wall Street Glory With His War Chest of Foreign Money
- Investing.com
Paramount shares rise premarket amid report of revised Skydance offer
Investing.com -- David Ellison's Skydance Media revised an offer for Paramount Global (NASDAQ:PARA) to purchase up to a certain number of non-voting shares in the entertainment giant at roughly $15 each, according to the Wall Street Journal.
ReutersRevised Skydance offer would let Paramount shareholders cash out at $15/shr, WSJ reports
The new proposal values Paramount B-shares at a roughly 26% premium to Friday's close, the report added. A special committee of Paramount's board agreed to recommend a deal with Skydance Media after its sweetened offer last week, the Wall Street Journal separately reported on Friday. Skydance submitted a sweetened offer for its proposed merger with Paramount which is said to offer improved terms for both voting and non-voting Paramount shareholders, and provides more cash, a source told Reuters on Thursday.
