Paramount Global Shares Pop After Byron Allen Makes Offer To Buy Company

Paramount Global Shares Pop After Byron Allen Makes Offer To Buy Company

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Shares of Paramount Global popped in early trading after news that Byron Allen has offered a deal worth $30 billion to acquire the company, which has been in play since last fall. The stock is up nearly 8% at $14.78 in a mostly down market. Rumor speculation has nudged the shares up from a 52-week…

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