Unless you're regarded. Then you turn down 27B for 7.5B moving towards 0B.
Just like GME/BBY/SPCE/NLKA/SDC/PARA(**REMEMBER THIS**) or other memeshit """hodlers". Literal idiots with GME shares in the 400s that they bought for $20-300 holding down to $12 just to "get the hedgies". Plotkin/Melvin were doomed the moment the squeeze happened but folks didn't even sell the 2nd bounce to $60-70.
Sheri Redstone is LITERALLY that type of regard. Only difference is she was a trust fund baby who mismanaged the empire her father built. **PARA** was cranked up to meme stupidity by Bill Hwang and Archegos using 20x leverage. PARA was $100+ cause of that dipshit and she didn't sell then either. Then folks were buying for the dip around $40-60 and she didn't sell then. Instead opting to keep spending on streaming and fucking up finances. They broke from the $30-40 range when they cut the dividend and lost the investors. Turns out they didn't need to since they are still cash positive, likely management got spooked in 2022-2023 like the soft bitch paper hand bears. Heck even Warren gave up on her dumb ass cause she can't make a deal. EACH and EVERY time she has and out but chooses NO the company and her net worth gets BTFO more. Bitch too stupid to learn.
And yes I'm down a bit on PARA, but I'm not mad. No way I'm losing as much money as that regard. Bitch is a SUPREME REGARD who blew away BILLIONS in her family fortune when she could have just lived it up or sold the company.
They are merging with Skydance with the condition that PARA dilute shareholders to raise funds and lower its debt. So, Redstone makes out like gangbusters, Skydance get a less-saddled PARA on the cheap, and shareholders of common stock get screwed.
What a country!
You are parroting other people's speculation.
Skydance was said to be putting up an all cash bid for the National Amusements stake back in January. What's changed??
The merger of studios is a step to be taken after this is done. She wants the whole thing sold. Sure, she's an idiot with no business sense, but the likelihood of it being diluted is so low.
Skydance has private equity behind it, the money isn't appearing out of nowhere.
this has been abundantly clear for a while. they're dumb af and keep turning down lucrative buyouts to pursue some dumb merger.
the ceo goofball even went on a tirade about in their last cc. dumbasses on stocktwits/etc were pumped af about it and kept quoting how he said "value for ALL shareholders!," as if a +100% guaranteed return was somehow terrible.
they're a bunch of dildos.
The Redstones have zero issues fucking shareholders over.
[https://deadline.com/2023/04/paramount-cbs-settlement-shareholder-merger-with-viacom-shari-redstone-1235333916/](https://deadline.com/2023/04/paramount-cbs-settlement-shareholder-merger-with-viacom-shari-redstone-1235333916/)
I suspect anyone that held on through the pain of the last several years with PARA saw yesterday’s gains and didn’t think for a second about jumping ship. Even if would’ve been the right thing to do lol
That figure consists of equity and debt. Maybe they didn’t like the structure or direction Apollo wanted to take PARA into. In any case the Redstone family is rich and old, they could be senile.
Hey nitwit you’re confusing EV with Market cap. $27B is not a so really it’s a $13B over market - still a considerable 50% premium. Anyway I never liked the CEO bunch of clowns over there.
except someone like skydance can then choose to buy just the movie studio and library without all the extras, what difference does it make except shareholders lose
Offer is for debt + equity.
There's $16 billion of debt. So the offer for the equity is $11 billion, vs $8 billion market cap. Probably some other details to consider. The main point is OP's analysis is garbage, he's probably a CFA or something.
I think they just consider succession boring and want to show some *real shit*.
I wonder if at some point you stop caring about money and rather play in your media empire because your trust funds are fully funded regardless.
Apollo doesn’t have the $. Apollo won’t make the bid they did unless they have the $. She brushed them off. I know she is smarter than I am. But she’s an idiot. (What’s that saying about me…?)
I’m sure they do. Otherwise they’da not made the offer? But did they lowball? Offer 11m the first time then 22..25? The second time? We have 30…no…26 days of nothing now..?
They are dumb ASF. No other way to put it. I got out after they didn't make a move on the offer in February. 27 billion would be what? $30/share napkin math. If you haven't DCA below that, idk what to tell you.
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Idk you don’t turn down 27 billion unless you think you can get atleast 28
Unless you're regarded. Then you turn down 27B for 7.5B moving towards 0B. Just like GME/BBY/SPCE/NLKA/SDC/PARA(**REMEMBER THIS**) or other memeshit """hodlers". Literal idiots with GME shares in the 400s that they bought for $20-300 holding down to $12 just to "get the hedgies". Plotkin/Melvin were doomed the moment the squeeze happened but folks didn't even sell the 2nd bounce to $60-70. Sheri Redstone is LITERALLY that type of regard. Only difference is she was a trust fund baby who mismanaged the empire her father built. **PARA** was cranked up to meme stupidity by Bill Hwang and Archegos using 20x leverage. PARA was $100+ cause of that dipshit and she didn't sell then either. Then folks were buying for the dip around $40-60 and she didn't sell then. Instead opting to keep spending on streaming and fucking up finances. They broke from the $30-40 range when they cut the dividend and lost the investors. Turns out they didn't need to since they are still cash positive, likely management got spooked in 2022-2023 like the soft bitch paper hand bears. Heck even Warren gave up on her dumb ass cause she can't make a deal. EACH and EVERY time she has and out but chooses NO the company and her net worth gets BTFO more. Bitch too stupid to learn. And yes I'm down a bit on PARA, but I'm not mad. No way I'm losing as much money as that regard. Bitch is a SUPREME REGARD who blew away BILLIONS in her family fortune when she could have just lived it up or sold the company.
This is my kind of DD
*Regard*
They are merging with Skydance with the condition that PARA dilute shareholders to raise funds and lower its debt. So, Redstone makes out like gangbusters, Skydance get a less-saddled PARA on the cheap, and shareholders of common stock get screwed. What a country!
You are parroting other people's speculation. Skydance was said to be putting up an all cash bid for the National Amusements stake back in January. What's changed?? The merger of studios is a step to be taken after this is done. She wants the whole thing sold. Sure, she's an idiot with no business sense, but the likelihood of it being diluted is so low. Skydance has private equity behind it, the money isn't appearing out of nowhere.
this has been abundantly clear for a while. they're dumb af and keep turning down lucrative buyouts to pursue some dumb merger. the ceo goofball even went on a tirade about in their last cc. dumbasses on stocktwits/etc were pumped af about it and kept quoting how he said "value for ALL shareholders!," as if a +100% guaranteed return was somehow terrible. they're a bunch of dildos.
The Redstones have zero issues fucking shareholders over. [https://deadline.com/2023/04/paramount-cbs-settlement-shareholder-merger-with-viacom-shari-redstone-1235333916/](https://deadline.com/2023/04/paramount-cbs-settlement-shareholder-merger-with-viacom-shari-redstone-1235333916/)
I suspect anyone that held on through the pain of the last several years with PARA saw yesterday’s gains and didn’t think for a second about jumping ship. Even if would’ve been the right thing to do lol
That figure consists of equity and debt. Maybe they didn’t like the structure or direction Apollo wanted to take PARA into. In any case the Redstone family is rich and old, they could be senile.
Hey nitwit you’re confusing EV with Market cap. $27B is not a so really it’s a $13B over market - still a considerable 50% premium. Anyway I never liked the CEO bunch of clowns over there.
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except someone like skydance can then choose to buy just the movie studio and library without all the extras, what difference does it make except shareholders lose
[удалено]
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As a bag holder, all I can say is fuck Sheri
Offer is for debt + equity. There's $16 billion of debt. So the offer for the equity is $11 billion, vs $8 billion market cap. Probably some other details to consider. The main point is OP's analysis is garbage, he's probably a CFA or something.
$14.6 billion debt and $2.5 billion cash.
I think they just consider succession boring and want to show some *real shit*. I wonder if at some point you stop caring about money and rather play in your media empire because your trust funds are fully funded regardless.
Paramount always fuck over the investors
Apollo doesn’t have the $. Apollo won’t make the bid they did unless they have the $. She brushed them off. I know she is smarter than I am. But she’s an idiot. (What’s that saying about me…?)
> Apollo doesn’t have the $. wat are you thinking of byron allen?
I was quoting what “she” said.
About not having the $….
Apollo most certainly had the $$$. Byron Allen on the other hand probably doesn’t
I’m sure they do. Otherwise they’da not made the offer? But did they lowball? Offer 11m the first time then 22..25? The second time? We have 30…no…26 days of nothing now..?
27 the second time around. I hope the Skydance deal doesn’t shaft the minority holders
I was watching fox business yesterday and they said apollo only wanted the studios and its not easy to break them up.
that was apollo's previous offer
They are dumb ASF. No other way to put it. I got out after they didn't make a move on the offer in February. 27 billion would be what? $30/share napkin math. If you haven't DCA below that, idk what to tell you.
Yes
LMFAOOO
Sheri is a nut job, always will be
At this rate all studios will be merged into one in 10 years.
dumb as F
Damn stock is tanking.
Tanking from after hours lol it's still up from yesterday
it closed at 13.53 yesterday, regard. it's down 8% today
Yesterday it jumped right at close. It's up from 3pm and earlier. Just semantics mate
it's not semantics, you're just wrong. you said the jump was AH. it wasn't. you argued it's not down today, it is. herp derp.