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Edgar Bronfman Jr. has withdrawn his $6 billion bid for Paramount Global, paving the way for Skydance Media to go ahead. Bronfman serves as the executive chairman of the streaming service Fubo and was the former chairman and CEO of Warner Music. He originally offered $4.3 billion for Shari Redstone’s National Amusements…
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Edgar Bronfman Jr. Consortium Bows Out of Paramount Acquisition, Withdraws $6B Bid
Arden Drews
06:22
Edgar Bronfman Jr. has withdrawn his $6 billion bid for Paramount Global, paving the way for Skydance Media to go ahead. Bronfman serves as the executive chairman of the streaming service Fubo and was the former chairman and CEO of Warner Music. He originally offered $4.3 billion for Shari Redstone’s National Amusements…
