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2024-08-23 19:54:44
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cnbc.com_2 on Nostr: Summary of Bronfman's Paramount bid could keep Shari Redstone involved at the company ...

Summary of Bronfman's Paramount bid could keep Shari Redstone involved at the company
Bronfman's Paramount bid could keep Shari Redstone involved at the company
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Edgar Bronfman Jr. is open to having Shari Redstone remain involved at Paramount if the special committee accepts his consortium's bid for a controlling stake.

https://www.cnbc.com/2024/08/23/bronfman-paramount-bid-shari-redstone.html

Edgar Bronfman Jr. has offered to buy a controlling stake in Paramount Global, and is open to keeping Shari Redstone involved with the company if his bid is successful. Bronfman has raised $6 billion to challenge Skydance Media for ownership of National Amusements, the holding company founded by Sumner Redstone. The Paramount Global special committee will determine if Bronfman's offer is a superior proposal for shareholders by August 28.
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