The competing offer for the home of Paramount Pictures, the CBS broadcast network and MTV threatens to undo an acquisition by tech scion David Ellison and his firm, Skydance Media.
Veteran media executive Edgar Bronfman sweetened his offer to $6 billion for National Amusements and a minority stake in Paramount Global, according to a person familiar with the matterThe competing offer for the home of Paramount Pictures, the CBS broadcast network and MTV threatens to undo an acquisition by tech scionBronfman’s new bid includes $1.
A special committee of the Paramount board agreed to extend the deadline to give it time to evaluate the new bid, Bill Clinton says he may be unable to speak at future DNCs as hands tremble on stage: 'Go to the nursing home' Chris Martin covers Taylor Swift’s ‘Love Story’ in Vienna two weeks after terror plot forced her to cancel Eras Tour shows
Business Edgar M. Bronfman Mergers & Acquisitions Paramount Shari Redstone
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Bidding war erupts over Paramount as Edgar Bronfman submits $4.3B competing offerToday's Business Headlines: 08/20/24
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Edgar Bronfman Jr. submits bid to acquire ParamountBronfman submits a $4.3-billion bid to acquire the Redstone family's National Amusements, which controls the media company that also owns CBS and MTV, a source says.
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Paramount Global/Skydance Deal Gets Edgar Bronfman $4.3B CounterSo here's the thing about that deal that David Ellison's Skydance Media, Gerry Cardinale's RedBird Capital, and Shari Redstone's National Amusements Inc (NAI) announced back in July that would lead to Skydance owning Paramount Global.
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Edgar Bronfman submits roughly $4.3B rival bid for Paramount GlobalToday's Video Headlines
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Ex-Warner Music chairman Edgar Bronfman Jr. still pursuing bid for Paramount despite Skydance deal: reportFormer Warner Music chairman Edgar Bronfman Jr. is still in talks with bankers about a potential bid for Paramount Global’s parent, National Amusements.
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Edgar Bronfman prepares offer for National Amusements, source saysEdgar Bronfman prepares offer for National Amusements, source says
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