Paramount Group disclosed that its board initiated a review and evaluation of strategic alternatives to maximize shareholder value.

The CFO and general counsel changes come as the REIT faces looming debt maturities in 2026, among other economic headwinds.

Shares of Paramount Group climbed after the company said its board initiated a review of strategic alternatives to maximize shareholder value. Shares were up 15% to $5.49 during Monday's trading, and ...

If David Ellison's bid for the historic studio closes, its corporate culture will transform from boardroom deliberating to ...

Three U.S. senators warned Paramount's Shari Redstone a settlement with Trump over his '60 Minutes' lawsuit could violate a ...

CBS News President and CEO Wendy McMahon is resigning, marking the second high-profile departure at the network in one month ...

CBS News and Stations CEO Wendy McMahon said it was clear she and the company did not agree on “the path forward.” ...

It's time for me to move on and for this organization to move forward with new leadership." In recent weeks, Paramount Global's board had put increasing pressure on Cheeks and McMahon to know ...

“It’s time for me to move on and for this organization to move forward with new leadership.” CBS’ corporate parent, Paramount Global, began talks with Trump’s lawyers in April over his $ ...

CBS News Chief Executive Officer Wendy McMahon announced Monday she is stepping down, the latest twist in a growing battle of wills between the company's news division and Paramount Global ...