PARA - Why Paramount Global Stock Is Moving Lower Wednesday | Benzinga
Paramount Global (NASDAQ:PARA) stock is trading lower Wednesday following a report that National Amusements has ended discussions with Skydance Media.
What Happened: The CBS News report from Tuesday suggests that National Amusements, which controls Paramount, ended merger discussions with Skydance.
National Amusements told CBS News that the two companies have, “not been able to reach mutually acceptable terms regarding the potential transaction with Skydance Media for the ...