PARAP - What's Going On With Paramount Global Stock Thursday? | Benzinga
Paramount Global (NASDAQ: PARA) stock is trading lower Thursday amid reports of Byron Allen renewing his bid for BET Media Group, offering $3.5 billion to Paramount Global for BET and VH1.
This follows reports that Paramount is considering selling BET to a management-led investor group, including BET CEO Scott Mills and Chinh Chu of CC Capital Partners, with a potential deal valued at around $2 billion.
Earlier, Paramount had entertained offers for BET from various parties, including Allen and Tyler Perry, but ...