David Ellison Shari Redstone Edgar Bronfman-Junior Todd Spangler Ny Entertainment CBS Digital CEO COST Токены Booking David Ellison Shari Redstone Edgar Bronfman-Junior Todd Spangler Ny

Edgar Bronfman Jr. Makes $4.3 Billion Bid to Take Control of Paramount Global in Challenge to Skydance Deal

Reading now: 505
variety.com

Todd Spangler NY Digital Editor 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 from David Ellison’s Skydance Media and its financial backers, which last month clinched a binding agreement worth more than $8 billion for NAI and Paramount Global, whose properties include CBS, Paramount Pictures, Showtime/MTV Entertainment Studios and Paramount Media Networks.

Bronfman’s bid was submitted to the special committee established by Paramount Global’s board to evaluate M&A offers, which is expected to review it on Wednesday.

Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA