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Coverage dated January 30, 2024

Paramount Stock Jumps on $30 Billion Byron Allen Buyout Offer

Headline from Investopedia

Media entrepreneur Byron Allen's company joins Warner Brothers Discovery and Skydance Media in attempting to seize a piece of the Paramount Global pie. Allen offered $30 billion for the Paramount's stock and debt.

Investopedia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

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Reports & sources

10 articles, oldest first.

  1. Black Enterprise

    Byron Allen Bids $30B To Buy Paramount Global, Stocks Skyrocketing (opens Black Enterprise)

    Published

    Black Enterprise's feed description

    Investors jumped on Paramount Global’s stock amid news of Byron Allen making an unexpected $30 billion bid to purchase Paramount Global

  2. The Hollywood Reporter

    Byron Allen Makes $14B Offer to Buy Paramount Global (opens The Hollywood Reporter)

    Published

    The Hollywood Reporter's feed description

    Byron Allen bids $14 billion to buy Paramount Global, his company said in a statement.

  3. Deadline

    Paramount Global Shares Pop After Byron Allen Makes Offer To Buy Company (opens Deadline)

    Published

    Deadline's feed description

    Shares of Paramount Global popped higher after news that Allen Media Group's Byron Allen has offered to buy the company in a deal worth $30 billion.

  4. Variety

    Byron Allen’s Allen Media Group Submits $30 Billion Offer for Paramount Global (opens Variety)

    Published

    Variety's feed description

    Byron Allen's Allen Media Group has made a $30 billion offer for Paramount Global, the company confirmed.

  5. Deadline

    Byron Allen Makes $30 Billion Bid For Paramount Global In Debt & Equity (opens Deadline)

    Published

    Deadline's feed description

    Paramount Global: Byron Allen Makes $14 Billion Bid For Conglomerate

  6. Observer

    Media Mogul Byron Allen Extends a ‘Serious’ Offer to Buy Paramount Global (opens Observer)

    Published

    Observer's feed description

    Byron Allen, the owner of Allen Media Group, wants to buy Paramount Global. The $30 billion offer would clear the company's $15 billion debt.

  7. Los Angeles Times

    Byron Allen’s latest takeover attempt: Paramount for $14 billion (opens Los Angeles Times)

    Published

    Los Angeles Times's feed description

    Media mogul Byron Allen has extended yet another multibillion-dollar takeover offer — this time, a $14.3-billion bid to buy all of the outstanding shares of Paramount Global.

  8. Variety

    Paramount Global Stock Boosted by Byron Allen’s $30 Billion Buyout Overture (opens Variety)

    Published

    Variety's feed description

    Shares of Paramount Global rose after media mogul Byron Allen emerged as an unexpected bidder for the company.

  9. New York Post

    Paramount board takes steps toward sale as Byron Allen submits $14B buyout bid (opens New York Post)

    Published

    New York Post's feed description

    Media mogul Byron Allen has made a $14.3B offer to buy Paramount Global -- the second bid for the company by the former standup comedian.

  10. Investopedia

    Paramount Stock Jumps on $30 Billion Byron Allen Buyout Offer (opens Investopedia)

    Published

    Investopedia's feed description

    Media entrepreneur Byron Allen's company joins Warner Brothers Discovery and Skydance Media in attempting to seize a piece of the Paramount Global pie. Allen offered $30 billion for the Paramount's stock and debt.

Paramount Stock Jumps on $30 Billion Byron Allen Buyout Offer | Since Then