IAC (IAC) Chairman Barry Diller hinted to reporters at the Sun Valley Conference that he may still be interested in making a bid for Paramount Global (PARA), Hannah Miller of Bloomberg reports. Paramount’s agreement to merge with Skydance Media gave the sellers 45 days to seek better offers. Diller told reporters that 45 days is “a lifetime,” according to Bloomberg.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PARA:
- Paramount (NASDAQ:PARA) Gains as Reactions to Skydance Deal Pour In
- Tempus AI initiated, Helios downgraded: Wall Street’s top analyst calls
- M&A News: PARA and Skydance Merger Signals Tech-Driven Streaming Future
- Paramount price target lowered to $11.50 from $13 at Evercore ISI
- Paramount ‘worth a shot at the current price,’ says Benchmark