Takeover speculation drives Paramount shares higher if.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from if.com.au Daily Mail and Mail on Sunday newspapers.
Bob Bakish, the media giant’s chief executive, is out, removing an obstacle to a deal with David Ellison's Skydance. But the company’s future is no clearer as a key deadline approaches.