PARAMOUNT GLOBAL'S SPECIAL COMMITTEE ANNOUNCES END OF "GO-SHOP" PROCESS

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Seaport Global Securities Reiterates Neutral Rating on Paramount Global (PARA)

August 27, 2024 5:31 AM EDT

Seaport Global Securities analyst David Joyce reiterated a Neutral rating and {REMOVEPT} price target on Paramount Global (NASDAQ: PARA).

The analyst comments "The cobbled-together Bronfman investment group has unraveled, leaving just the Skydance offer / agreement pending. The Bronfman offer/plan did provide some aspects that could have been more shareholder-friendly (a path to a single-class... More