Now Begg is the sole CEO, she acknowledges she has less time to spend with family, so her husband left his job to be more present at home.
Most unexpected was Paramount stock’s jump. Wall Street almost always disdains giant acquisitions on the theory that buyers get too excited about big deals and overpay—and indeed, that’s usually what happens. When the deal gets sealed, the buyer’s stock usually drops, but in this case it rose almost 30%. That’s probably because analysts were pleasantly surprised: They had figured Paramount would need to raise its offer from $30 to $32–$34 a share to vanquish Netflix; instead, Paramount offered just $31 and prevailed.
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Forum registration required. I created an account, posted my case, and… nothing. No confirmation email, no status update, no resolution notice. At some point, the flag simply disappeared. Ignorance is bliss, hah?
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