Previous close | 11.82 |
Open | 11.89 |
Bid | 11.89 x 1700 |
Ask | 11.95 x 1600 |
Day's range | 11.76 - 12.13 |
52-week range | 10.12 - 17.50 |
Volume | |
Avg. volume | 20,345,114 |
Market cap | 8.305B |
Beta (5Y monthly) | 1.76 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.20 (1.68%) |
Ex-dividend date | 17 Jun 2024 |
1y target est | N/A |
Merger and acquisition news sent several stocks, including media company Paramount Global, higher early Monday. Meanwhile, a medical-waste-disposal company was positioned for a possible breakout on acquisition reports. Paramount stock bolted more than 6% higher during premarket action on Monday following reports Hollywood studio Skydance is looking to buy a number of nonvoting Paramount shares at around $15 per share.
Skydance Media has revised its offer to buy Shari Redstone’s firm National Amusements and merge with Paramount Global giving Paramount’s nonvoting shareholders the option to cash out at a premium, The Wall Street Journal reported. After a prolonged period of speculation and uncertainty about what will happen to the media conglomerate and film producer, Paramount’s investors may want to take the improved offer.
(Bloomberg) -- Film producer David Ellison’s offer for Paramount Global includes an option for nonvoting shareholders to cash out a portion of their stock for about $15 a share, according to a person familiar with the matter.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceGameStop Shares Double as Gill Post Shows $116 Million BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Starting to Revolt Over Steep Prices Across US