Paramount Global Stock Pops as Redstone Engages in Exclusive Sales Talks with Skydance Media

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Shares of Paramount Global soared 15% Wednesday following a report that Shari Redstone — the company’s controlling shareholder and non-executive chair — had reached a tentative agreement to sell her stake to Skydance Media. Bloomberg News, citing anonymous sources, reported that Redstone had come to a tentative agreement to sell her stake in National Amusements […]

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