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Byron Allen Paramount Offer: Is It For Real? – The Hollywood Reporter

Byron Allen Paramount offer: Is it for real? Wall Street isn't sure, but Allen loves linear TV. ....

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Is Byron Allen's Paramount Bid the Real Deal?

Is Byron Allen’s $30 billion bid (inclusive of debt) the real deal? Wall Street isn’t sure. Paramount stock ended Wednesday up 6.7 percent to $14.59, a sizable jump on a day when the overall market was down, but well below Allen’s bid for the company at more than $21 per share. It’s a sign the … ....

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