After Shari Redstone Ends Talks With Skydance, Wall Street Debates What’s Next For Paramount ...Middle East

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It’s time to take a breather and look for a fresh start. That seems to be the motto for Paramount Global and its investors. With Tuesday’s news that Shari Redstone has ended months-long talks about a takeover of Paramount by a consortium led by Skydance Media and RedBird Capital without a deal, Wall Street analysts are debating, again, the future of the entertainment giant and how to think about its stock. In early Wednesday trading, that was down 2 percent at $10.82, near its 52-week low of $10.12. Her National Amusements (NAI), which controls Paramount, said it “supports the recently announced strategic plan being executed by Paramount’s Office of the CEO as well as their ongoing

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After Shari Redstone Ends Talks With Skydance, Wall Street Debates What’s Next For Paramount ...Middle East

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