Paramount shares fall on report that Sony is reconsidering its bid

Shares of Paramount Global on Tuesday fell after CNBC reported that Sony is rethinking its bid for the company, the latest twist in the TV and movie producer's merger drama.

S&P 500 Gains and Losses Today: Paramount Global Sinks as Sony Reconsiders Bid

Major U.S. equities indexes hovered close to their flatlines for most of the session before rallying in the afternoon to end Tuesday higher.

Paramount Shares Dip On Report Sony “Rethinking” $26 Billion Bid

Shares of Paramount Global dipped suddenly in afternoon trading on a CNBC report that Sony and Apollo may be “rethinking” their joint bid for the company.

Sony rethinking its bid for Paramount, sources tell CNBC

CNBC's David Faber joins 'Power Lunch' to discuss reports that Sony is rethinking it's bid for Paramount.

Sony rethinking its bid for Paramount, CNBC reports

Sony Pictures is rethinking its bid for Paramount Global , CNBC reported on Tuesday, citing sources, sending the shares of the U.S. media company down more than 7%.

Paramount Global (PARA) is Attracting Investor Attention: Here is What You Should Know

Recently, Zacks.com users have been paying close attention to Paramount Global-B (PARA). This makes it worthwhile to examine what the stock has in store.

Nobody knows what Paramount chair Shari Redstone wants to do with hard-to-sell conglomerate

Byron Allen, who wanted to buy Paramount from Shari Redstone for $30 billion is nowhere to be found in merger talks as no one seems to think he has the money.

Paramount's fate could go in 3 possible directions

Paramount Global is used to producing gripping dramas, but it likely didn't expect to end up starring in one. Yet, the road to a potential Paramount merger has taken several twists and turns.

PARA stock price forecast: what if Paramount is not acquired?

Paramount Global (NASDAQ: PARA) stock price has been in the spotlight this month as investors focused on its acquisition. It has already surged by almost 30% from its lowest level in March, outperf...

Apollo-Sony bid for Paramount could face antitrust hurdles from feds: sources

Apollo, which teamed with Sony to make a $26 billion all-cash bid for the Shari Redstone-controlled media conglomerate, faces an uphill fight to circumvent the FCC's 39% cap on the reach by local a...

Paramount deal talks: How investors are viewing risks

Paramount Global (PARA) has entered into acquisition talks with Sony (SONY) and Apollo Global Management (APO), who proposed a joint bid of $26 billion to buy the media company. Last week, Paramoun...

Why Warren Buffett's Paramount bet may have cost him $1.5 billion

Famed investor Warren Buffett's Berkshire Hathaway placed a $2.7 billion bet on Paramount in 2022. It hasn't worked, at all — Buffett just said he has sold all his stock and lost "quite a bit of mo...

Warren Buffett Just Gave Up on Paramount (PARA) Stock

Paramount Global (NASDAQ: PARA ) stock is in the news Monday after Warren Buffett revealed that he sold Berkshire Hathaway's (NYSE:BRK-A, NYSE:BRK-B) entire stake in the entertainment business. Buf...

Paramount Officially Opens Talks With Sony And Apollo In Takeover Bid, Report Says

Paramount Global has opened acquisition negotiations with Sony and Apollo, The New York Times reported Sunday, after exclusive merger talks with Skydance lapsed Friday and the company continues to ...

Paramount bidders await word from special committee evaluating options

A special committee of the Paramount Global board charged with evaluating offers for the company met Saturday morning, though rival bidders for the studio are awaiting word on next steps.


Related Companies

Track Institutional and Insider Activities on PARA

Follow Paramount Global and customize your updates to receive the information that matters most to you.

Institutional Portfolio Updates

Receive a notification when an Institution or Guru buys or sells PARA shares.

Notify only if

Insider Trading

Get notified when an Paramount Global insider buys or sells PARA shares.

Notify only if

News

Receive news related to Paramount Global

Track Activities on PARA