Why Is Paramount Global Stock Surging Today?
Why Is Paramount Global Stock Surging Today?
Paramount Global (NASDAQ:PARA) shares surged premarket Wednesday as Skydance Media has reportedly reached a preliminary agreement to acquire National Amusements Inc. and merge with Paramount, the parent company of CBS and MTV.
Skydance Media已經達成初步協議，收購National Amusements Inc.並與CBS和MTV的母公司Paramount合併，Paramount Global (NASDAQ:PARA)股價週三盤前大漲。
Shari Redstone's National Amusements, the family firm controlling Paramount, will forward the deal to a special committee of Paramount directors for review, reported Bloomberg.
據彭博社報道，由Shari Redstone控制的家族企業National Amusements將該交易轉交給Paramount的特別委員會審查。
This deal, which involves significant financial maneuvering, aims to bolster Paramount's position in the competitive media landscape.
此次交易意在加強Paramount在競爭激烈的媒體領域的地位，包含了大量財務操作。
Th development follows the recent collapse of previous negotiations, with renewed talks gaining momentum over the past week. Skydance is led by Oracle Corporation (NYSE:ORCL) co-founder Larry Ellison's son David Ellison.
此舉跟隨之前的談判破裂，以及在過去一週內重新開始的談判，由Oracle Corporation (NYSE:ORCL)聯合創始人Larry Ellison的兒子David Ellison領導的Skydance主導談判。
The new terms include a higher valuation for National Amusements and enhanced legal protections for Redstones' company.
新條款包括增加National Amusements的估值，以及爲Redstones公司提供更好的法律保護。
Sellers have 45 days to explore better offers. If approved, the agreement could be finalized within days, though potential hurdles remain.
賣方有45天的時間探索更好的報價，如果得到批准，協議可能在數天內完成，但可能仍面臨潛在障礙。
Also Read: Paramount+ Wants You To Shell Out More For Watching Starting In August, Even If You Stream It With Ads — Here's What You Need To Know
此外閱讀：Paramount+希望您從8月份開始爲收看付費，即使您使用廣告流媒體 – 這是您需要知道的信息。
As part of the proposed transaction that Ellison previously proposed, along with partners RedBird Capital Partners and KKR & Co Inc (NYSE:KKR), offered to purchase National Amusements for $2.25 billion and infuse $1.5 billion into Paramount to reduce its debt.
作爲Ellison之前提出的提議的一部分，他與夥伴RedBird Capital Partners和KKR & Co Inc (NYSE:KKR)提出以22.5億美元購買國家娛樂，並注入15億美元到Paramount（以減少其債務）。
Ellison's group would contribute an additional $4.5 billion to acquire Paramount shares.
Ellison的團隊還將額外貢獻45億美元以收購Paramount股份。
The investment represents a crucial support for Paramount, which has faced challenges as consumers shift from traditional media to streaming services.
這項投資對於Paramount來說是至關重要的支持，因爲消費者從傳統媒體轉向流媒體服務，Paramount面臨着一些挑戰。
Earlier Tuesday, Bloomberg reported that Paramount is in exclusive talks to sell its Black Entertainment Television network. The potential buyers include BET CEO Scott Mills and Chinh Chu of CC Capital, with an offer range of $1.6 billion to $1.7 billion.
據彭博社報道，週二早些時候，Paramount獨家談判出售其黑人娛樂電視網絡。潛在買家包括BET的CEO Scott Mills和CC Capital的Chinh Chu，出價範圍在16億美元至17億美元之間。
Paramount stock has lost more than 34% in the last 12 months. Investors can gain exposure to the stock via Invesco S&P 500 Pure Value ETF (NYSE:RPV) and Invesco Leisure And Entertainment ETF (NYSE:PEJ).
Paramount的股票在過去12個月中已經損失了超過34％。投資者可以通過Invesco S&P 500 Pure Value ETF (NYSE:RPV)和Invesco Leisure And Entertainment ETF (NYSE:PEJ)獲得該股票的相關收益。
Price Action: PARA shares are trading higher by 12.9% at $12.10 premarket at last check Wednesday.
Para的股價週三盤前最新交易價爲12.10美元，上漲12.9%。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明: 此內容部分使用人工智能工具生成，並由Benzinga編輯審查和發佈。
Photo via Shutterstock
圖片來自shutterstock。
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