PARA - Paramount Global Shares Rise As Directors Prepare To Review Enhanced Merger Proposal From Skydance: Report | Benzinga
Paramount Global (NASDAQ:PARA) shares traded higher Thursday afternoon after reports surfaced indicating the company’s independent committee is set to review an enhanced merger proposal from Skydance.
What To Know: Skydance Media has reportedly submitted a revised offer for a potential merger with Paramount. The new offer is expected to be more favorable to both voting and nonvoting shareholders compared to previous proposals.
According to ...