Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Diller in an interview with CNBC said it is "hard to predict, but think it's over for us". IAC was among the suitors for the coveted Paramount Global, which scored a deal with David Ellison's Skydance Media early in July. Diller said in the interview he will be "shocked" if there is not a huge amount of litigation on the planned merger, according to the CNBC report.
David Ellison's Skydance Media bagged a deal to acquire Paramount early in July, ending months of discussion and speculation about the future of one of Hollywood's oldest studios. The lawsuit, filed by Scott Baker, claims the merger's primary purpose is to cash out media mogul Shari Redstone's investment in Paramount at a substantial premium, while other stockholders will receive a significantly lower payout.