Axios
Edgar Bronfman Jr., former Warner Music chair and heir to the Seagram alcohol fortune, has dropped his last-minute bid for Paramount’s parent, National Amusements Inc., he confirmed in a statement to Axios. Why it matters: Bronfman’s last-minute bid had threatened to upend the $8 billion+ agreement between Paramount and Skydance Media…
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Edgar Bronfman Jr. drops Paramount bid
Sara Fischer
10:23
Edgar Bronfman Jr., former Warner Music chair and heir to the Seagram alcohol fortune, has dropped his last-minute bid for Paramount’s parent, National Amusements Inc., he confirmed in a statement to Axios. Why it matters: Bronfman’s last-minute bid had threatened to upend the $8 billion+ agreement between Paramount and Skydance Media…
