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A Very Shari Christmas

Is Shari Redstone’s dalliance with the M&A market a bust, or is anyone seriously capable of buying the Frankenstein’s monster that is Paramount Global?
What to make of Shari Redstone’s dalliance with the M&A market? And is anyone seriously capable of buying the Frankenstein’s monster that is Paramount Global? Photo: Drew Angerer/Getty Images
William D. Cohan
December 27, 2023

NDAs are being signed with abandon and Paramount Global is in play, in that wretched Wall Street argot. Instead of going into dormancy over the holiday weeks, as often happens, media bankers are revving up, either trying to find a client to hire them to take a run at Paramount, or working relatively hard, doing the analysis for the client who has hired them.