Paramount Stock Drops 5% On Skydance Merger News ...Middle East

Paramount Global stock fell 5% on Thursday as investors absorbed details of the company’s merger agreement with Skydance Media. The companies are targeting a closing of the deal in the third quarter of 2025. Skydance and its backers are investing $8 billion in Paramount in a transaction assigning the company an enterprise value of $28 […]

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