Paramount (PARA) Tentative Deal with Skydance Media

Paramount’s (PARA) controlling shareholder reached a tentative deal to sell its stake to Skydance Media. Ken Leon discusses this as the Skydance deal would require Paramount to raise new equity. He also talks about how Apollo Global put in a bid of $26B to acquire all of Paramount. Tune in to find out more about the stock market today.

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