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  1. Jul 3, 2024 · The lift in Paramount’s stock price came after shares had risen 5.7% Tuesday following a report that the company was in talks to sell BET for $1.6 billion-$1.7 billion to a group led by BET CEO ...

    • Todd Spangler
  2. Jul 8, 2024 · The per share cash election amount to be offered to Paramount’s stockholders represents a 48% premium to the price of the Class B stock as of July 1, 2024, and a 28% premium to the Class A stock ...

  3. Jul 9, 2024 · Shell said the Skydance team, working in conjunction with consulting firm Bain & Co., is targeting at least $2 billion in annualized cost cuts that can be made at the company. He indicated much of ...

    • Todd Spangler
  4. Jul 8, 2024 · The all-stock deal will see holders of Paramount class A shares receive $23 per share in cash or stock, or a combination of both, and class B shareholders receive $15 per share in cash or stock ...

  5. Apr 3, 2024 · Paramount Global shares are soaring as talks of a deal with Skydance Media continue to heat up.. The stock price rose by 15 percent Wednesday, all in the minutes leading up to the market close ...

  6. Jul 8, 2024 · July 8, 2024 10:30am. Getty Images. After months of back-and-forth, Shari Redstone has finally agreed to sell control of Paramount Global to a consortium led by Skydance Media, led by David ...

  7. Jun 3, 2024 · On word of the Skydance-Paramount deal potentially nearing the finish line, the price of Class B shares of Paramount Global were trading up 7.5% Monday to about $12.80/share.

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