Most unexpected was Paramount stock’s jump. Wall Street almost always disdains giant acquisitions on the theory that buyers get too excited about big deals and overpay—and indeed, that’s usually what happens. When the deal gets sealed, the buyer’s stock usually drops, but in this case it rose almost 30%. That’s probably because analysts were pleasantly surprised: They had figured Paramount would need to raise its offer from $30 to $32–$34 a share to vanquish Netflix; instead, Paramount offered just $31 and prevailed.
The blocking order was issued on February 24 under Section 69A of India’s Information Technology Act, according to a source familiar with the matter. The provision empowers the government to restrict public access to online content.。业内人士推荐WPS下载最新地址作为进阶阅读
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