Pursuits

Viacom Shares Rise on Speculation of Paramount Stake Deal

Wanda in talks to buy 49% of Viacom’s Paramount, WSJ says
Any agreement could face opposition from Sumner Redstone

The Paramount Pictures studios in Los Angeles. — The Paramount Pictures studios in Los Angeles.
Photographer: Jonathan Alcorn/Bloomberg

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By Christopher Palmeri and Anousha Sakoui

July 14, 2016 at 12:08 AM UTC

Updated on

July 14, 2016 at 1:35 PM UTC

This article is for subscribers only.

Viacom Inc. rose on speculation that Chinese billionaire Wang Jianlin’s Dalian Wanda Group Co. is in talks to buy 49 percent of Paramount Pictures from the company.

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