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Paramount, facing a lack of buyers, sees its stock tumble as an $11 billion studio deal is uncertain. RedBird Capital and Legendary Entertainment are among those eyeing acquisitions, with Jeff Shell and Bob Bakish negotiating a potential deal. The future of Paramount Global remains unclear as various parties consider buying the troubled media company.
What Could Happen If Paramount Global Is Sold — Especially in Pieces https://t.co/YgVQeJZmR0
New @PuckNews: Legendary Entertainment is also bidding for Paramount. The logistics and ramifications ⬇️⬇️ https://t.co/hspwYTJBcp
SCOOP: Sources tell @FoxBusiness that Jeff Shell of @RedBirdCap and Bob Bakish of @paramountco actually met face-to-face at a pre-Super Bowl lunch as the two sides were negotiating a deal to buy the troubled media company and were seen discussing business during the soiree hosted…