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News

Stocks Soar for Paramount After Skydance Merger Approval

Paramount Global’s shares jumped in after-hours trading on Thursday with (NASDAQ:PARA) up by 2.2% and (NASDAQ:PARAA) up by 2.1% as the FCC greenlit the merger with Skydance. This significant move clears the final obstacle in a long-running acquisition saga, relating to CBS’s news division and its prominent publication, ’60 Minutes.’