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Paramount Shares Dip Nearly 5% In Pre-Market As Company's 'Go Shop' Period Ends After Edgar Bronfman Abandons $6B Bid
Tuesday, August 27, 2024 - 6:37am | 451Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) saw a pre-market dip on Tuesday, with its Class A and Class B stocks sliding by 3.06% and 4.68% respectively, as per Benzinga Pro. This downturn comes on the heels of the end of its “Go Shop” period late Monday. What Happened: The company...
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Paramount Bidding War Intensifies As Edgar Bronfman Counters Skydance With $4.3B Offer, Plans to Raise More
Tuesday, August 20, 2024 - 11:39am | 663A battle over media giant Paramount Global Inc (NASDAQ:PARA)(NASDAQ:PARAA) could be intensifying with former Warner Music CEO Edgar Bronfman Jr. trying to outbid Skydance for control. What Happened: Bronfman submitted a bid of $4.3 billion Monday night and plans to bid higher in the coming days as...
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Former Warner Music Boss Edgar Bronfman Jr Reportedly Sets Sights On Paramount Global And National Amusements
Friday, August 16, 2024 - 7:16am | 655In a new development in the media merger landscape, media tycoon Edgar Bronfman Jr. is reportedly gearing up to bid for Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) and National Amusements. What Happened: Bronfman, the former head of Warner Music and Seagram, is reportedly in discussions with...