Paramount Stock Stumbles After CEO Dismissal Signals an M&A Exit Is Near ...Middle East

Paramount Global’s ouster of CEO Bob Bakish did not reassure investors that there’s a favorable exit in store for the media conglomerate. Shares of the company were down more than 4% in trading Tuesday morning, after Bakish’s exit was officially announced and he was replaced by three senior execs tasked with running Paramount Global — […]

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