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Paramount Global shares rise as major shareholder gets $125 million investment deal

Paramount Global shares rise as major shareholder gets $125 million investment deal
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Paramount Global shares rise as major shareholder gets $125 mln investment deal

Shares of Paramount Global (PARA.O) rose by more than 6% on Friday after its controlling shareholder, media mogul Shari Redstone s National Amusements Inc,…

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Paramount Global shares rise as major shareholder gets $125 million investment deal

Shares of Paramount Global rose by more than 6% on Friday after its controlling shareholder, media mogul Shari Redstone's National Amusements Inc, announced it had received a $125 million investment from a private equity firm.

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