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Tesla, Paramount Global, Annovis Bio, Eli Lilly, Amazon: Why These 5 Stocks Are On Investors' Radars Today
On Tuesday, the Dow Jones Industrial Average rose by 0.4%, closing at $39,331.85, while the S&P 500 also ended the day in positive territory, increasing by 0.6% to finish at 5,509.01. Additionally, th
Paramount is reportedly in talks to sell its television channels, with the deal expected to involve over $1.6 billion.
On July 3rd, according to sources, Paramount Universal has entered into exclusive negotiations with a consortium including BET CEO Scott Mills and Chinh Chu for the sale of its Black Entertainment Television (BET) subsidiary, which may be priced between $1.6 billion and $1.7 billion. It is reported that the consortium had previously offered to acquire BET for slightly less than $2 billion. Subsequently, Shari Redstone, controlling shareholder of Paramount, flagship company National Amusements I.
US Stocks Update | Paramount Universal surged more than 8% after-hours, Skydance reportedly will acquire Paramount's parent company NAI.
On July 3rd, GeLongHui|PARA.US rose more than 8% in post-market trading, reaching $11.58. According to The Wall Street Journal, Shari Redstone, controlling shareholder of Paramount Global, has reached a preliminary agreement with Skydance, controlled by David Ellison, to sell the family flagship company National Amusements Inc (NAI). As part of the agreement, Skydance will purchase NAI from Redstone for $1.75 billion.
Express News | Paramount Global-B's overnight gains exceeded 7%. According to The Wall Street Journal, Skydance Media has reached a preliminary agreement to acquire Shari Redstone's family company National Amusements and merge with Paramount Global.
After-hours trading, Paramount Global (PARA.US) rose by 10 percent at one point, and its parent company reached a preliminary merger agreement with Skydance.
According to the Zhicheng Finance & Economics APP, it was reported that National Amusements, the parent company of Paramount Universal (PARA.US), has reached a preliminary agreement on the merger of Paramount and Skydance Media. The deal was broken last month. It is reported that Skydance, led by David Ellison, will acquire National Amusements, the family holding company of Shari Redstone, and merge with Paramount, a media giant controlled by National Amusements.
Paramount Stock Surges on Reports of New Skydance Deal -- Barrons.com
By Liz Moyer Paramount Global shares surged 9% in after-hours trading after reports it had reached a preliminary deal to combine with Skydance Media. The two companies had been in talks before, but