Skydance sweetens offer for Paramount Global, source says

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Wells Fargo Reiterates Equal Weight Rating on Paramount Global (PARA)

June 3, 2024 5:25 AM EDT

Wells Fargo analyst Steven Cahall reiterated an Equal Weight rating and $14.00 price target on Paramount Global (NASDAQ: PARA)

The analyst comments "$15/sh cash out sweetner. According to reports, Skydance's revised offer for PARA incl. the option for some non-voting shares to be cashed... More