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home / news releases / PARAA - Paramount Global: A Preview Of What Is Likely To Come


PARAA - Paramount Global: A Preview Of What Is Likely To Come

2024-07-10 07:30:25 ET

Summary

  • Paramount Global is to be sold to consortium of investors, though the Class B shares are trading well below buyout price even after the announcement.
  • This will create a larger entertainment firm that the acquirer believes will be capable of significant cost-savings and modest growth.
  • There appears to be some upside for Class B holders from here, though uncertainty does exist.

For further details see:

Paramount Global: A Preview Of What Is Likely To Come
Stock Information

Company Name: Paramount Global Class A Common Stock
Stock Symbol: PARAA
Market: NASDAQ
Website: paramount.com

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