Paramount Global’s ouster of CEO Bob Bakish did not reassure investors that there’s a favorable exit in store for the media conglomerate. Shares of the company were down more than 4% in trading Tuesday morning, after Bakish’s exit was officially announced and he was replaced by a trio of senior execs tasked with running Paramount […]
Paramount Stock Stumbles After Ceo Dismissal Signals An M&a Exit Is Near
Todd Spangler, Variety
Tue, 04/30/2024 - 8:17am
BING NEWS:
- Paramount Unveils Bob Bakish Exit Terms, Names Chris McCarthy ‘Interim Principal Executive’ For SEC Purposes
It’s not clear why McCarthy, president and CEO, Showtime/MTV Entertainment Studios and Paramount Media Networks, received the designation (maybe he drew the short straw). The other two in the ...
05/3/2024 - 4:24 am | View Link - Paramount Global and Charter Communications Agree to Extend Deal Talks to Channel Avert Blackout
Paramount Stock Stumbles After CEO Dismissal Signals an M&A Exit Is Near Paramount Global Takes $1.3 Billion Charge in Q1 for Content Write-Offs, Layoffs The deal renewal negotiations are coming ...
04/30/2024 - 6:19 am | View Link - Paramount Stock Stumbles After CEO Dismissal Signals an M&A Exit Is Near
Paramount Global‘s ouster of CEO ... dismissal of Bakish, who was said to oppose Paramount Global’s prospective merger with David Ellison’s Skydance Media, was evidence that an M&A deal ...
04/30/2024 - 5:17 am | View Link - Paramount Stock Stumbles After CEO Dismissal Signals an M&A Exit Is Near
Paramount Global's ouster of CEO Bob Bakish did not reassure investors ... quarter 2024 earnings call Monday was evidence that an M&A deal is nearing. "It is unclear how long this trio will ...
04/30/2024 - 4:50 am | View Link - More
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