Paramount shares lifted by renewed merger talks with Skydance Media
Paramount shares gain Initial talks in June failedCommittee considering new dealShares in Paramount Global (PARA:NASDAQ) gained 7% yesterday and added a further 3% to $19.32 in after-hours trading after the US media firm said it had resumed merger talks with Californian-based TV and film production company Skydance Media.In June, talks between the two were called off after both parties failed to r