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Skydance Dances with Paramount – Merger Arbitrage Mondays

  • June 10, 2024

Paramount Global (PARA): $12.01

Market Cap: $8.39B

Enterprise Value: $22.26B

Paramount Global (PARA) has been on our Potential Mergers list since December 2023, when the Wall Street Journal reported that Warner Bros. Discovery (WBD) and Paramount CEOs met to discuss a potential merger between the media giants.

Since then, Paramount received multiple offers from various suitors, with Skydance Media emerging as a leading contender.

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