Paramount experiences a surge in its stock price following a notable investment by Buffett’s preferred banker in the media company’s major shareholder.
Paramount Global saw a significant 6% increase in its shares on Friday as an investor closely associated with Warren Buffett entered into a preferred equity investment with the media company’s majority voting shareholder, National Amusements. The agreement involves a $125 million investment from BDT Capital Partners, an affiliate of BDT & MSD Partners. Warren Buffett’s […]