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Stock impact report

Barry Diller Explores Possible Paramount Bid, NY Times Says [BNN Bloomberg (Canada)]

IAC Inc. (IAC) 
Last iac inc. earnings: 2/5 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: iac.com/investor-relations/overview
Company Research Source: BNN Bloomberg
Diller, chairman of the digital media company IAC Inc., has signed nondisclosure agreements with National Amusements Inc., the controlling shareholder of Paramount Global, the Times reported, citing four people with knowledge of the matter. Paramount and IAC declined to comment. National Amusements didn't respond to inquiries. Paramount, the owner of CBS and MTV, has been weighing its options for months and came close to a deal with Skydance Media, the independent film and TV company led by technology heir David Ellison, before the negotiations collapsed. Paramount has attracted other possible suitors, too, including media executive Edgar Bronfman Jr. jointly with Bain Capital, and Steven Paul, known for his work on the Baby Geniuses pictures. National Amusements, led by Shari Redstone, holds a controlling stake in the voting shares of Paramount. Her late father, Sumner, outbid Diller in a fight for control of the company in the 1990s. Earlier Monday, CNBC reported that Par Show less Read more
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