Glonghui, April 29 | Paramount Global (PARA.US) US stocks rose more than 4% to $12.39 in the premarket. According to the news, Skydance proposed the “best and ultimate” offer in the bid for a merger with Paramount Global. Additionally, the Redstone family and David Ellison have made concessions to make Paramount's change of control more acceptable to smaller investors. Sources say Ellison will buy a large number of Paramount shares at a premium above current prices. The Redstone family owns most of the company's voting shares, and they agreed to let non-voting shareholders express their opinions on whether to allow the deal.
美股异动｜派拉蒙环球盘前涨超4% 与Skydance合并谈判取得进展
Changes in US stocks | Paramount Global rose more than 4% before the market and merger negotiations with Skydance made progress
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