August 30, 2024FilmTakeComments Off on Skydance Wins Paramount Deal as Bronfman Withdraws After Chaotic Bidding War
Edgar Bronfman Jr., the Seagram’s liquor heir who briefly posed a half-hearted challenge to Skydance Media’s takeover of Paramount Global, has officially withdrawn from the race. Bronfman’s exit clears the path for Skydance Media.
August 22, 2024FilmTakeComments Off on Paramount Extends Skydance Merger Deadline as Bronfman Up Buyout Offer
As Wednesday’s deadline loomed, the already complex battle for control of Paramount Global took another twist. The investor group led by Bronfman made a desperate move to stay in the game by increasing its bid for National Amusements to $6 billion.