With the Paramount Global (PARA) and Skydance merger confirmed, shareholders have an interesting choice. Under the deal, they can either receive $15 per share in cash or one share of the new entity, which is a 48% premium over PARA’s July 1 price before the talks started. Considering that PARA is currently trading at around $10, isn't this essentially free money? Or is there something I’m missing here? How do you all see this playing out?
Would love to hear your thoughts on the potential risks or benefits!
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