Communications services companies rose amid deal activity.

Paramount Global added to gains as investors hoped for a bidding war among suitors for the Hollywood studio.

Simon & Schuster agreed to buy Dutch publishing house Veen Bosch & Keuning for an undisclosed amount, its first deal for a non-English book publisher as it pushes to expand internationally.

ABC News President Kim Godwin stepped down Sunday night, months after a corporate restructuring that effectively stripped away much of her management autonomy.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

05-06-24 1727ET