Paramount: Arbitrageurs Pressured As Share Supply Tightens

  • Paramount's merger with Skydance offers an attractive arbitrage opportunity, with a buyout price of $15 versus the current $13 share price. Regulatory delays, particularly FCC approval and political demands, are extending the deal timeline and adding uncertainty to the merger's completion. Rising short interest and declining stock availability are creating unusual technical dynamics, potentially increasing borrow costs and volatility for arbitrageurs.