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Added to YB: 2024-01-23

Pitch date: 2024-01-22

PARA [bullish]

Paramount Global

-18.41%

current return

Author Info

No bio for this author

Company Info

Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments.

Market Cap

$8.9B

Pitch Price

$13.53

Price Target

N/A

Dividend

1.56%

EV/EBITDA

9.73

P/E

-11.26

EV/Sales

0.76

Sector

Media

Category

special_situation

Show full summary:
Paramount Potential M&A: Warner Bros. Discovery, Skydance, Apollo - Oh My!

PARA in M&A talks: Apollo, Skydance interested. Apollo's $760M Legendary stake could help NAI restructure debt. Skydance eyeing majority in NAI & PARA merger. WBD merger unlikely to solve NAI issues or benefit PARA holders. Sale could boost PARA near-term on asset value & DTC breakeven.

Read full article (4 min)