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Edgar Bronfman's Paramount bid could keep Shari Redstone involved at company: report
PGREParamount (PGRE) New York Post·2024-08-23 22:53

Edgar Bronfman Jr. is open to having Shari Redstone remain involved with Paramount Global if its special committee accepts his consortium's bid for National Amusements, the controlling shareholder, CNBC reported Friday. On Wednesday, the veteran media executive sweetened his bid to take over Paramount offering $6 billion for National Amusements and a minority stake in the media conglomerate. Bronfman's competing offer threatens to undo a planned acquisition by tech scion David Ellison and his independent st ...