Edgar Bronfman reportedly sweetens bid for Shari Redstone's Paramount to $6B
Paramount (PGRE) New York Post·2024-08-21 23:32
Veteran media executive Edgar Bronfman sweetened his offer to $6 billion for National Amusements and a minority stake in Paramount Global, according to a person familiar with the matter He had previously offered $4.3 billion, according to Reuters sources. Shares of Paramount rose more than 2.3% after the bell. The competing offer for the home of Paramount Pictures, the CBS broadcast network and MTV threatens to undo an acquisition by tech scion David Ellison and his firm, Skydance Media. billion. Getty Imag ...