Rithm Capital, a global alternative asset manager, completed its previously announced acquisition of Paramount Group, Inc., a vertically-integrated real estate investment trust that owns, operates, ...
Last week office landlord Paramount Group agreed to be acquired at a hefty 40% discount to its book value. Evercore ISI described the price, $6.60 a share, as “disappointing.” It had reckoned $10 a ...
Since their dividend cut in May 2023 and amid a mix of market pressures, Paramount shares have been on a steep decline. The company has highly valuable assets ranging from premium real estate to ...
Midtown-based office landlord Paramount Group has defied its shareholders by reappointing a director who they voted to remove from the board. Nearly 56% of shareholder votes were cast against ...
A sale of parts of Paramount Global’s studio assets could fetch $30B, according to Wells Fargo, assuming Paramount wants to sell. Wells Fargo classified Paramount Global’s studios as a "rare gem" that ...
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