PARAA Aug 2024 30.000 call
| Previous Close | 1.0500 |
| Open | 1.0500 |
| Bid | 0.0000 |
| Ask | 3.5000 |
| Strike | 30.00 |
| Expire Date | 2024-08-16 |
| Day's Range | 1.0500 - 1.0500 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 50 |
- Reuters
REFILE-UPDATE 1-Paramount will let exclusive talks with Skydance lapse, NYT reports
Paramount Global will end its exclusive negotiations with Skydance Media without reaching a deal, the New York Times reported on Friday, citing people familiar with the matter. Shares of the media giant rose 3% in extended trading. A special committee of Paramount's board, which was established to evaluate the media company's options, spent months negotiating with Skydance and its partners, Redbird Capital and KKR.
ReutersParamount will let exclusive talks with Skydance lapse, NYT reports
Shares of the media giant rose 3% in extended trading. A special committee of Paramount's board, which was established to evaluate the media company's options, spent months negotiating with Skydance and its partners, Redbird Capital and KKR. Sony Pictures Entertainment and private equity firm Apollo Global Management have sent a letter to the Paramount board, expressing interest in acquiring the company for $26 billion in an all-cash offer.
LA TimesDeal or no deal for Paramount? Here are the options on the table
Paramount's 30-day window to negotiate exclusively with Skydance is closing without a deal and Sony is waiting around the hoop. What's next?
