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Edgar Bronfman Makes His Move With $4.3 Billion Bid For Paramount Global
Deadline hears that Edgar Bronfman, Jr. has made an offer for Paramount Global in a deal worth $4.3 billion, attempting to undo Par’s merger with Skydance in a dea
The offer is said to consist of a $2.4 billion payment to Shari Redstone for her family holding National Amusements, which controls…
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8 Comments Comment on Edgar Bronfman Makes His Move With $4.3 Billion Bid For Paramount Global
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Edgar Bronfman Jr. Preparing Bid For Paramount Global – Report
As the August 21 deadline looms for other parties to make a run at Paramount (or forever hold their peace), the Wall Street Journal reports that Edgar Bronfman Jr. has not exited the Paramount scene but is in talks with investors and preparing a bid.
The stock, which frequently jumps about on news…
Edgar Bronfman Jr. Still Mulling Bid For Paramount Control During Skydance “Go-Shop” Period
Veteran media exec Edgar Bronfman Jr. is continuing to explore a bid for National Amusements Inc., Paramount Global’s controlling shareholder.
Paramount and Skydance in early July agreed to terms on a two-step deal that would see Skydance acquire NAI and then merge with Paramount. The deal, which…
Skydance Deal In Hand, Paramount Lays Out What Happens If A Rival Offer Emerges
Paramount has laid out some terms of its planned merger with David Ellison's Skydance, including what happens if another bidder appears.
The deal includes a so-called "go shop" period during which other interest parties can submit offers. It runs for 45 days from the announcement of the deal, which…
Peter Bart: Paramount Global’s Skydance Rejection Puts Heavy Pressure On Shari Redstone To Sort Shaky Future
Sumner Redstone earned renown as both dealmaker and deal breaker (he once said he'd fired Tom Cruise). His daughter, Shari, seems to have inherited only part of his skill set.
Flash back 50 years: The Beverly Hills dinner party was lavish. The mood among the Hollywood power players was upbeat. Gossip…
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By Peter Bart
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Paramount For Sale, Who’s Buying? Edgar Bronfman Jr Latest To Eye Deal As Skydance Talks Continue
Yet another name has surfaced in the Paramount Global scrum as former entertainment executive and beverage billionaire Edgar Bronfman Jr. is eyeing control of the company in a deal scenario with multiple moving pieces, even as Shari Redstone’s camp remains deep in talks with Skydance.
Takeover…
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