Edgar Bronfman Jr. has abruptly dropped his eleventh-hour bid for Paramount Global as the clock ticked down on the time frame that his group had to finalize a firm offer that could be a viable alternative to Skydance Media’s pending takeover agreement. Late Monday, Paramount Global’s special committee handling its long M&A process issued a […]
Paramount Global Closes Door On ‘go-shop’ Period As Edgar Bronfman Jr. Drops Last-minute Bid For Studio
Cynthia Littleton, Variety
Mon, 08/26/2024 - 6:18pm
BING NEWS:
- Tech Tycoon Larry Ellison Will Control Paramount Global After Skydance Deal Closes: Filing
Larry Ellison, the megabillionaire founder of Oracle, will be the majority shareholder of National Amusements Inc., the company that controls Paramount Global, after the expected closing of the deal ...
09/5/2024 - 8:36 am | View Link - Paramount-Pepsi Commercial Spotlights ‘Gladiator II’ With NFL, Megan Thee Stallion
PepsiCo and Paramount Global will travel back in time in a big bid to prove the TV commercial still has a future. Starting Thursday, the soda giant will launch a massive video blitz, set in ancient ...
09/5/2024 - 2:00 am | View Link - Edgar Bronfman Jr. drops bid, paving way for Paramount's takeover by Skydance Media
(Reuters) -Media veteran Edgar Bronfman Jr. has withdrawn from the race for Paramount Global, clearing the way for Skydance ... The agreement included a 45-day "go-shop" period to consider other ...
08/26/2024 - 10:41 pm | View Link - Edgar Bronfman Jr. Drops Bid for Paramount Global, Congratulates Skydance Media on Pending Takeover: ‘Paramount's Best Days are Ahead'
Edgar Bronfman Jr. has abruptly ... that we will be exiting the go-shop process. It was a privilege to have the opportunity to participate," Bronfman said in a statement Monday night. "We continue to ...
08/26/2024 - 2:18 pm | View Link - More
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