PARA Stock Alert: Paramount FINALLY Reaches Merger Deal With Skydance

Paramount Global (NASDAQ:PARA) said it finally reached an agreement to be acquired by privately held Skydance Media. The sides had been negotiating for months. The most important part of the deal is a 45-day "go shop" period. This period allows the Paramount board time to find a better bid. PARA Stock: What Happens Next? On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article. The deal is complex, and PARA stoc ...