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Added to YB: 2024-02-01

Pitch date: 2024-01-31

PARA [bearish]

Paramount Skydance Corporation

+23.88%

current return

Author Info

No bio for this author

Company Info

Paramount Skydance Corporation operates as a media and entertainment company worldwide. It operates in three segments: Studios, Direct-to-Consumer, and TV Media.

Market Cap

$14.7B

Pitch Price

$14.50

Price Target

N/A

Dividend

1.50%

EV/EBITDA

11.40

P/E

-36.18

EV/Sales

0.95

Sector

Media

Category

special_situation

Show full summary:
Paramount: Bidding War And Short Squeezes Ahead

Byron Allen bids $30B for $PARA ($21.53 non-voting, $28.58 voting), below $34 book. Aims to spark bidding war despite low offer vs $30B studio est. 12% short int may squeeze if price rises. Undervalued $PARA assets attract interest, no rush to sell.

Read full article (5 min)