A special committee of Paramount Global’s board set up to steer its M&A process has declared an end to the “go-shop” period in its pending Skydance Media merger and says the transaction will ...
Shares of Paramount Global are softer Tuesday after Edgar Bronfman Jr. exited the Paramount fray last night and shareholders hoping for a bidding war with Skydance were disappointed.
Edgar Bronfman Jr. wants Paramount to partner with a tech company for streaming, per Bloomberg. Bronfman entered a bidding war with Skydance over control of Paramount with a $6 billion surprise bid.
Edgar Bronfman Jr.’s offer for a controlling stake in Paramount Global could keep Shari Redstone close to the company, if his bid is successful. Bronfman is open to having Redstone ...
Paramount’s special committee announced it has extended the “go-shop period” in which other interested bidders could try and match or beat to the deal agreed to with David Ellison’s Skydance.
The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go shop” period of its merger agreement with ...
Edgar Bronfman Jr. exited his bid to own Paramount, clearing the path for a Skydance Media sale. Bronfman, a former CEO of Warner Music Group, withdrew his bid just before the merger deadline.
Former U.S. media executive Edgar Bronfman Jr.'s plans for Paramount Global include partnering with technology companies like Amazon.com or Apple to improve its streaming TV business, Bloomberg ...
(RTTNews) - Thursday, Charter Communications, Inc. (CHTR) and Paramount Global (PARA) have entered into a new multi-year distribution agreement, which includes the addition of Paramount+ Essential ...
Actress Mindy Kaling is on board to produce a new untitled animated comedy for Paramount Animation. The film is currently in development. The feature is written by Aathil Chaturvedi and Justin ...