Media and Entertainment

Edgar Bronfman to Prepare an Offer for Paramount Global

Edgar Bronfman to Prepare an Offer for Paramount Global

Seagram Co. heir Edgar Bronfman Jr. is close to making an offer for Paramount Global that would compete with an accepted bid from Skydance Media, according to people familiar with his plans.Bronfman is considering an offer for National Amusements, the Redstone family company that controls Paramount, as well as an investment in Paramount itself, according to one of the people, who asked not to be identified discussing plans that aren’t public. The structure is still being worked on. Source link lol
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