Friday, March 14, 2025

HomeStock MarketEdgar Bronfman drops out of bidding for Paramount Global

Edgar Bronfman drops out of bidding for Paramount Global

Paramount Studios Water Tower

mixmotive/iStock Editorial via Getty Images

Edgar Bronfman Jr. has dropped out of bidding for Paramount Global (NASDAQ:PARA) after submitting a $6 billion proposal in an effort to challenge Skydance Media’s deal.

“Tonight, our bidding group informed the special committee that we will be exiting the go-shop


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