Sumner Redstone is preparing to go over the top at least one more time in the trench war for Paramount Communications.
Wall Street has begun its vigil to see whether Viacom chairman Sumner Redstone will come up with a higher offer for Paramount Communications.
If Viacom's Sumner Redstone still wants a shot at Paramount Communications, he had better come back with a higher bid by Jan. 21.
The Paramount Communications board of directors will meet today to consider Viacom's revised offer for the company.
Investors and arbitragers Monday dumped shares of Viacom and drove down the stock prices of Paramount, Blockbuster and rival bidder QVC. The selloff, showing Wall St.'s profound disappointment with…
Viacom and its investment bankers were in discussions late Thursday night with backer Blockbuster Entertainment about increasing its participation in the bid for Paramount Communications, sources…
Viacom is expected to announce -- perhaps as early as today -- an enhanced bid for Paramount Communications Inc., which has agreed to be acquired by hostile bidder QVC Network for about $ 9.7 billion.
While Wall Street continues to keep a vigil waiting for a clearer indication of a winner in the ongoing battle for Paramount Communications, financial sources said the auction process is still in its…
The battle for Paramount Communications enters its critical stages today. After three months of desperately trying to consummate its proposed marriage to Viacom Inc., Par's board of directors will…
Barry Diller's QVC Network Wednesday said Paramount directors have adopted unfair bidding procedures -- a sign that Paramount has yet to squelch criticism that it's playing favorites among suitors.
The Paramount board of directors met Monday afternoon to decide the best way to comply with a stern Delaware Supreme Court ruling that the company must shop itself fairly to all interested bidders.