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Paramount Prepares to Go It Alone $PARA @paramountco https://t.co/ezGCyXjMfg
$PARA trading 14.60 as buyout talks heat up, massive open interest in June 12.5 and 15 calls as well as May 12 calls bought 4/8 at 0.89, 7500 Sep 12 calls bought also holding in OI from 4/8 and 4/10
$PARA $SONY | CNBC's David Faber Says Paramount Special Committee Taking Sony Bid Seriously https://t.co/xupic4vgWX
Paramount, amidst buyout rumors, faces bids from various parties. Berkshire bought $PARA, while a Skydance consortium and Sony/Apollo consider bids. Paramount special committee evaluates offers, including a $26 billion all-cash bid from Sony. Skydance exclusivity with Paramount won't be extended.