Paramount's stock experienced a surge in after-hours trading following news of the bid discussions.
Breaking News
Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.
Grandpoint bank signs agreement to acquire Gilmore Bank
COO Duncan O'Rourke leads his company in his new business enterprise in Europe's best hotels.
Canada's largest pension fund eyes purchase of uranium enrichment firm.
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