Paramount Stock Pops on New Skydance Merger Offer

Shares of Paramount Global sprang to life ahead of the July 4 holiday on a renewed agreement between Skydance Media and controlling shareholder Shari Redstone that would merge Skydance and Paramount. On Wednesday (July 3), Paramount’s stock opened up 13% to over $ 12/share, its highest levels in nearly a month. In early trading, the price […]
Variety