Paramount Global Stock Boosted by Byron Allen’s $30 Billion Buyout Overture
Investors rallied behind Paramount Global’s stock after Byron Allen emerged as an unexpected bidder in the latest twist in the media company’s ongoing M&A drama. Shares of Paramount Global rose more than 13% in early trading Wednesday on news that the media mogul’s Allen Media Group made an unsolicited $30 billion acquisition offer to acquire […]