Shares & Derivatives
Buffett’s Paramount Stock Holding Languishing- Despite 3 Offers
By Something About Finance  •  April 10, 2024
Despite 3 offers for Paramount Holdings, the stock has been languishing. This is one of the holdings of Buffett’s Berkshire Hathaway. We have touched on Paramount in our previous write-up, where we think that it is worth being on your shortlist due to its valuation. Truth be told, there are now 3 offers tabled for Paramount after our article. We would like to think that is where great minds think alike. 3 Offers for Paramount Holdings First and foremost, at the current price of 11 dollars, it has a market capitalisation of 7 billion dollars. It has total debt of close to 15 billion dollars with 2.5 billion dollars in cash. Skydance Offer Skydance is led by David Ellison who is the son of Larry Ellison. Their initial involvement was by trying to acquire National Amusement which owns 77% voting class stock. This latest offer seems to be taken most seriously as they are currently in an exclusive discussion. Based on the...
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By Something About Finance
Welcome to My Blog. Hoping to share and learn from others on finance related topics. Let's embark on the journey towards financial freedom. Currently, I am an appointed representative (Equities and Futures Broker) with an established brokerage firm in Singapore. I deal mainly with Equities, Futures and Forex.
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