Edgar Bronfman Jr. Drops Bid for Paramount Global, Congratulates Skydance Media on Pending Takeover: ‘Paramount’s Best Days are Ahead’

Edgar Bronfman Jr. has abruptly dropped his eleventh-hour bid for Paramount Global as the clock ticked down on the time frame that his group had to finalize a firm offer that could be a viable alternative to Skydance Media’s pending takeover agreement. “Tonight, our bidding group informed the special committee that we will be exiting […]
Variety