The book isn’t closed yet on Paramount Global’s months-long M&A epic. On Monday (Aug. 19), billionaire media mogul Edgar Bronfman Jr. submitted an offer valued at $4.3 billion to acquire Shari Redstone’s National Amusements Inc., which is the controlling shareholder of Paramount Global, Variety has confirmed. Bronfman’s bid is an attempt to rival the offer […]

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BING NEWS:
  • Edgar Bronfman drops Paramount bid, clearing path for Skydance deal
    Aug 26 (Reuters) - Media veteran Edgar Bronfman Jr on Monday withdrew from the race for Paramount Global (PARA.O), opens new tab, clearing the way for Skydance Media to take control of Shari ...
    08/27/2024 - 4:00 am | View Link
  • Edgar Bronfman Jr. Drops Out of Paramount Bidding Process, Leaving Skydance as Winner of Hollywood Studio
    Media investor Edgar Bronfman Jr ... billion into his son’s $8 billion bid to acquire Paramount, while the remainder is backed by RedBird Capital Partners. Under the terms of the deal with ...
    08/26/2024 - 7:12 am | View Link
  • Edgar Bronfman Jr. Boosts Paramount Bid to $6 Billion, Board Extends Deal-Negotiation Period
    but Streaming Lends Boost Edgar Bronfman Jr. Makes $4.3 Billion Bid to Take Control of Paramount Global in Challenge to Skydance Deal Paramount Television Studios Shut Down by Paramount Global ...
    08/21/2024 - 7:56 am | View Link
  • Paramount Extends Negotiating Window as Edgar Bronfman Jr. Raises Bid to $6 Billion
    Paramount Global ... window for Skydance Media’s $8 billion merger agreement to Sept. 5 after receiving a competing offer from former Warner Music Group CEO Edgar Bronfman Jr. In a statement ...
    08/21/2024 - 4:45 am | View Link
  • Edgar Bronfman and investor group submit $4.3 billion rival bid for Paramount Global
    Aug 20 (Reuters) - Veteran media executive Edgar Bronfman Jr. on Monday submitted a $4.3 billion bid to take over Paramount Global ... voting control with Class A shares. Skydance and its deal ...
    08/20/2024 - 11:32 am | View Link
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