Edgar Bronfman Jr. withdraws offer for Paramount, allowing Skydance merger to go ahead

Paramount News

Edgar Bronfman Jr. withdraws offer for Paramount, allowing Skydance merger to go ahead
SkydanceEdgar BronfmanNational Amusements
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 10 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

NEW YORK (AP) — The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing ...

The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer. Bronfman, executive chairman of streaming service Fubo, told Paramount 's special committee of directors Monday night that he would not proceed with his bid. “While there may have been differences, we believe that everyone involved in the sale process is united in the belief that Paramount ’s best days are ahead,” he said.

Precision Weeding Market Worth $10.65 Billion by 2034 - A Global and Regional Analysis 2024-2034: Focus on Application, Site of Application, Type, and Competitive Landscape

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Skydance Edgar Bronfman National Amusements Executive Chairman Warner Music Shari Redstone David Ellison

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Paramount deal: Comparing the Skydance & Bronfman bidsParamount deal: Comparing the Skydance & Bronfman bidsParamount (PARA, PARAA) is in demand. Just before closing a deal with Skydance Media, the company opted to review an offer from billionaire Edgar Bronfman Jr...
Read more »

Paramount could get new offer from Edgar Bronfman Jr.: WSJParamount could get new offer from Edgar Bronfman Jr.: WSJParamount Global (PARA, PARAA) could receive a new offer, this time from Edgar Bronfman Jr., current chairperson of FuboTV (FUBO) and former CEO of Warner...
Read more »

Edgar Bronfman Jr. ups bid for Paramount parent to $6BEdgar Bronfman Jr. ups bid for Paramount parent to $6BParamount Global (PARA) is extending its 'go-shop' window after media mogul Edgar Bronfman Jr. raised his bid on Paramount parent company National Amusements...
Read more »

Edgar Bronfman Jr. submits $4.3B bid for Paramount: WSJEdgar Bronfman Jr. submits $4.3B bid for Paramount: WSJMedia mogul Edgar Bronfman, Jr. has officially submitted his bid to acquire Paramount Global (PARA) to its parent company National Amusements, according to...
Read more »

Edgar Bronfman submits roughly $4.3-billion rival bid for Paramount GlobalEdgar Bronfman submits roughly $4.3-billion rival bid for Paramount GlobalVeteran media executive Edgar Bronfman Jr.’s $4.3-billion bid for National Amusements includes $2.4-billion in debt and equity
Read more »

Edgar Bronfman submits rival bid to acquire Paramount GlobalEdgar Bronfman submits rival bid to acquire Paramount GlobalVeteran media executive Edgar Bronfman Jr. submitted a bid on Monday to acquire a stake in Paramount Global and National Amusements, the Redstone family...
Read more »



Render Time: 2025-02-13 22:31:59