Paramount special committee extends Skydance 'go shop' period as it reviews Bronfman offer
Publishing timestamp: 2024-08-21 20:45:32
Summary
Paramount's special committee extends "go shop" period to review competing offer from Edgar Bronfman Jr. for National Amusements. Bronfman initially offered $4.3 billion, raised bid to $6 billion. Skydance buying consortium also in the mix. Shareholders scrutinizing merger agreement.
Sentiment: MIXED
Keywords: media, entertainment, breaking news: business, fubotv inc, paramount global, business news, warner music group corp, jr., edgar bronfman, business,