Paramount’s stock slides after Edgar Bronfman Jr. pulls bid, but bondholders seem to like the news
Paramount Global’s stock slid 6% Tuesday after American businessman Edgar Bronfman Jr. scrapped his bid for the company’s ...
New York Post28d
Bidding war erupts over Paramount as Edgar Bronfman submits $4.3B competing offer
The drama around Paramount Global is entering a new act after media mogul Edgar Bronfman Jr. submitted a $4.3 billion bid that could put the company’s proposed merger with David Ellison’s ...
Bronfman ups bid for control of Paramount to $6 billion
Former Seagram and Warner Music executive Edgar Bronfman Jr. continued his 11th-hour pursuit of Paramount Global, increasing ...
New York Post21d
Paramount stock tumbles after Edgar Bronfman Jr.’s surprise exit from bidding war
Paramount Global’s stock sank after Edgar Bronfman Jr. abruptly abandoned a $6 billion takeover bid of the media giant amid growing questions about how he would finance the deal. Shares of the ...
Deadline.com22d
Paramount Stock Has Down Day As Edgar Bronfman’s Exit Dashes Hopes Of Bidding War
Shares of Paramount Global are softer Tuesday after Edgar Bronfman Jr. exited the Paramount fray last night and shareholders hoping for a bidding war with Skydance were disappointed.
Los Angeles Times22d
Bronfman drops out of Paramount bidding; Skydance to claim prize
Billionaire entertainment executive Edgar Bronfman Jr. has bowed out of his long-shot bid to gain control of Paramount Global, clearing the way for David Ellison’s Skydance Media to claim the prize.
TheWrap29d
Inside the Bronfman Bid for Paramount: No ‘Operational Distractions’ of Skydance Merger, Better for ‘B’ Shareholders | Exclusive
Edgar Bronfman’s late-breaking, $4.3 billion offer to acquire Paramount Global argues that it avoids the “inequitable governance arrangement” of the $8 billion bid by Skydance Media and ...
Forbes28d
Billionaire Scions Bronfman, Ellison And Redstone Locked In Paramount Takeover Saga—Here’s What To Know
It’s a battle of the billionaire scions for the wavering Paramount media empire, with gin heir Edgar Bronfman Jr. reportedly throwing in his own multibillion-dollar bid for media heiress Shari ...
Variety27d
Edgar Bronfman Jr. Boosts Paramount Bid to $6 Billion, Board Extends Deal-Negotiation Period
Paramount Global‘s board has extended the go-shop window under its Skydance Media deal for 15 days as it engages with an investor group led by Edgar Bronfman Jr., which on Wednesday proffered $6 ...
Reuters22d
Edgar Bronfman drops Paramount bid, clearing path for Skydance deal
Aug 26 (Reuters) - Media veteran Edgar Bronfman Jr on Monday withdrew from the race for Paramount Global (PARA.O), opens new tab, clearing the way for Skydance Media to take control of Shari ...
Wall Street Journal28d
Edgar Bronfman Submits $4.3 Billion Bid for Redstone’s National Amusements, Paramount Stake
Media executive Edgar Bronfman Jr. is formally making his play for Shari Redstone’s media empire, in an attempt to scuttle a previous agreement to merge Paramount Global PARA2.81%increase ...
Yahoo Finance22d
Paramount Stock Has Down Day As Edgar Bronfman’s Exit Dashes Hopes Of Bidding War
Shares of Paramount Global are softer Tuesday after Edgar Bronfman Jr. exited the Paramount fray last night and shareholders ...