Why Is Paramount Global Stock Trading Higher On Monday?
Why Is Paramount Global Stock Trading Higher On Monday?
Paramount Global (NASDAQ:PARA) is considering Skydance Media's revised offer to purchase National Amusements and merge with Paramount Global.
Paramount Global(納斯達克:PARA)正在考慮Skydance Media的修訂收購National Amusements並與Paramount Global合併的提議。
The offer provides nonvoting shareholders an option to cash out at a premium.
該提議爲非表決股東提供了以溢價賣出的選擇權。
Last week, Skydance, led by David Ellison, proposed buying up to a certain number of nonvoting Paramount shares at roughly $15 each, representing a 26% premium, the Wall Street Journal reported.
據《華爾街日報》報道,上週由David Ellison領導的Skydance提議以大約15美元的價格購買一定數量的Paramount非表決股票,相當於溢價26%。
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Under the proposed deal, Skydance and its investors would fund the buyout of National Amusements, inject at least $1.5 billion into Paramount's balance sheet, and allow nonvoting shareholders to cash out some holdings.
根據提議的協議,Skydance及其投資者將資助National Amusements的收購,注入至少15億美元到Paramount的資產負債表,並允許非表決股東賣出一部分持股。
Skydance's offer involves a two-step process: first, acquiring National Amusements, which holds about 77% of Paramount's voting shares, and second, Paramount acquiring Skydance.
Skydance的提議涉及兩個步驟:先收購持有Paramount表決權股票77%的National Amusements,然後Paramount收購Skydance。
The revised deal includes additional cash contributions from Skydance's investors, which could be used to reduce Paramount's debt. In an earlier proposal, Skydance had offered $2 billion in cash for National Amusements, but it faced opposition as a perceived favorable deal for Redstone. The revised offer maintains Skydance's valuation at close to $5 billion.
修訂後的交易包括來自Skydance投資者的額外現金貢獻,可用於減少Paramount的債務。在早期的提議中,Skydance爲National Amusements提供20億美元的現金,但面臨Redstone公司對其持偏見的反對。修訂後的提議將Skydance的估值維持在接近50億美元附近。
Paramount is facing challenges, including the decline of cable TV, expensive streaming pivots, and a weak box office, causing its market value to plummet.
Paramount正面臨諸多挑戰,包括有線電視的衰落、昂貴的流媒體轉型和疲軟的票房,導致其市值暴跌。
In May, Warren Buffett's Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) sold its entire Paramount stake.
今年5月,禾倫·巴菲特旗下的伯克希爾·哈撒韋公司(紐交所:BRK)(紐交所:BRK)出售了其整個Paramount的股份。
Prior reports indicated Sony Group Corp (NYSE:SONY) and Apollo Global Management (NYSE:APO) jointly bidding for Paramount.
之前的報道顯示,索尼集團公司(紐交所:SONY)和阿波羅全球管理公司(紐交所:APO)共同競標Paramount。
Paramount stock lost over 21% in the last 12 months. Investors can gain exposure to the stock via Invesco S&P 500 Equal Weight Communication Services ETF (NYSE:RSPC) and VanEck Social Sentiment ETF (NYSE:BUZZ).
Paramount股票在過去12個月中下跌超過21%。投資者可以通過Invesco S&P 500均衡權重通信服務ETF(紐交所:RSPC)和VanEck社交情感ETF(紐交所:BUZZ)獲得相關股票。
Price Action: PARA shares were trading higher by 4.97% at $12.50 premarket at the last check on Monday.
股價:截至週一最後一次檢查,PARA股票預期以4.97%的漲幅報12.50美元。
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閱讀更多:娛樂釋放:Charter的Spectrum將免費提供帶廣告的Paramount+等服務。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明:本文部分內容使用了Benzinga Neuro的幫助。此內容部分使用人工智能工具生成,並由Benzinga編輯審查和發佈。
Photo by 4kclips via Shutterstock
圖片由Shutterstock的4kclips提供。