Edgar Bronfman Backers, More Details Of Bid For Paramount That Seeks To Unseat Skydance
Investors backing Edgar Bronfman's bid for Paramount Global include producer Steven Paul and John Paul Dejoria, who months ago had been working on their own offer, as well as child actor turned crypto king Brock Pierce, and Nurali Aliyev, a Kazakh businessman and grandson of the former president of Kazakhstan.
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into Paramount Globa
NEW YORK, NY / ACCESSWIRE / August 20, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Paramount Global ("PARA" or the "Company") (NASDAQ:PARA) stock purchased prior to July 7, 2024. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Skydance with Paramount, whether the Board of PARA has harmed stockholders by agreeing to enter into this transaction, and whether all material facts have been properly disclosed to stockholders.
Billionaire Scions Bronfman, Ellison And Redstone Locked In Paramount Takeover Saga—Here's What To Know
It's a battle of the billionaire scions for the wavering Paramount media empire, with gin heir Edgar Bronfman Jr. reportedly throwing in his own multibillion-dollar bid for media heiress Shari Redstone's stake in the CBS parent company, competing with an agreed-upon offer from David Ellison, the son of tech billionaire and the world's fifth-richest person, Larry Ellison.
Bronfman Reportedly Bids $4.3B for Control of Paramount
Media executive Edgar Bronfman Jr. has reportedly submitted a formal $4.3 billion bid for National Amusements, the controlling shareholder of Paramount Global (PARA), after Skydance Media struck a deal for Shari Redstone's media empire last month.
Paramount Bid Threatens Skydance Merger. Why the $4.3B Offer Is a Win for Investors.
Edgar Bronfman's bid for the entertainment giant is a winner for investors—but not for Shari Redstone.
Paramount's stock boosted after report Edgar Bronfman Jr. has submitted $4.3 billion offer for Redstone's National Amusements
Paramount Global's stock was up 1.3% premarket Tuesday, after a report that media executive Edgar Bronfman Jr. has submitted a $4.3 billion offer for National Amusements in an attempt to upend a previous agreement to merge it with David Ellison's Skydance Media.
Rival Paramount bid emerges from former Warner Music boss
The Paramount Global takeover saga has taken a fresh twist with Edgar Bronfman Jr., the media industry veteran who previously headed Warner Music, tabling a $4.3 billion offer for a controlling stake in the business. The deal would see Bronfman take control of National Amusements, the company through which the Redstone family controls the sprawling Paramount media business.
Edgar Bronfman submits roughly $4.3B rival bid for Paramount Global
The competing offer for the home of Paramount Pictures, the CBS broadcast network and MTV is a fresh twist in a sale process marked by a number of unexpected turns.
Bronfman's $4.3 billion bid for Paramount Global challenges Skydance offer
Veteran media executive Edgar Bronfman Jr. has submitted a $4.3 billion bid to acquire National Amusements Inc., the holding company that controls the majority of Paramount Global's voting stock, Bloomberg reported.
Edgar Bronfman submits rival bid to acquire Paramount Global
Veteran media executive Edgar Bronfman Jr. submitted a bid on Monday to acquire a stake in Paramount Global and National Amusements, the Redstone family company that controls the entertainment giant, a person familiar with the matter told Reuters.
Edgar Bronfman submits $4.3 bln bid for Redstone's National Amusements, Paramount stake, WSJ reports
Media executive Edgar Bronfman made a $4.3 billion bid for Shari Redstone's National Amusements and a minority stake in Paramount Global , the Wall Street Journal reported on Monday, citing people familiar with the matter.
Edgar Bronfman Submits $4.3 Billion Bid for Redstone's National Amusements, Paramount Stake
Media executive Edgar Bronfman Jr. is formally making his play for Shari Redstone's media empire, in an attempt to scuttle a previous agreement to merge Paramount Global PARA 0.64%increase; green up pointing triangle with David Ellison's production company Skydance Media.
