Tag: Allens

Don’t be alarmed by smoke on the mountainside above Allens Creek

Apr. 1—Fire and smoke will soon be visible from the high mountain peaks above Waynesville. But don’t worry, it’s not a wildfire. A series of prescribed burns will be conducted within the 8,600-acre Waynesville watershed. The protected watershed rises from Allens Creek up the flanks of the mountainside to the Blue Ridge Parkway, making it […]

Paramount stock jumps on Byron Allen’s $14 billion buyout report

Paramount Global stock (PARA) jumped as much as 13.5% on Wednesday after Bloomberg reported media mogul Byron Allen made a $14.3 billion bid to buy all of Paramount’s outstanding shares. According to the report, Allen offered $28.58 each for the company’s voting shares, marking a 50% premium compared to recent trading levels, and $21.53 for […]

Paramount stock skyrockets on Byron Allen’s $14 billion buyout report

Paramount Global (PARA) shares skyrocketed about 20% in premarket trading on Wednesday after Bloomberg reported media mogul Byron Allen made a $14.3 billion bid to buy all of Paramount’s outstanding shares. According to the report, Allen offered $28.58 each for the company’s voting shares, marking a 50% premium compared to recent trading levels, and $21.53 […]