Edgar Bronfman prepares offer for National Amusements, source says
-Seagram heir and media industry executive Edgar Bronfman Jr. is preparing an offer for National Amusements, the family company that controls Paramount Global, a source familiar with the matter said.An offer from Bronfman would add another twist to a messy merger saga, which now stands at Paramount having accepted a deal last month from media executive David Ellison's Skydance Media.
Bronfman had expressed an interest in buying National Amusements in June and was looking to offer between $2 billion and $2.5 billion. He didn't bid. The Paramount-Skydance deal fell in place after months of talks that appeared to have derailed when National Amusements owner Shari Redstone abruptly called off negotiations amid disagreements over issues such as how to indemnify the controlling shareholder over potential shareholder lawsuits.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ex-Warner Music chairman Edgar Bronfman Jr. still pursuing bid for Paramount despite Skydance deal: reportFormer Warner Music chairman Edgar Bronfman Jr. is still in talks with bankers about a potential bid for Paramount Global’s parent, National Amusements.
Read more »
'Double Arch' at Glen Canyon National Recreation Area has collapsed: National Park ServiceThe Double Arch, per park officials, was a frequently visited geological feature, and it collapsed on Aug. 8. Changing water levels and erosion are believed to have contributed to the collapse.
Read more »
National Geographic & Disney Team Up for Immersive National Park ExperienceChris McPherson is a Senior Author in News for Collider who focuses on Yellowstone, Bosch, Reacher, box office, blockbuster movies and theme parks.
Read more »
'National forests are not national parks': Logging debate in White Mountains divides forestry experts, environmentalistsA newly-approved project will log more than 600 acres, a relatively tiny portion of the Sandwich Range’s more than 35,000 acreage. But it will cut trees near spots popular for hiking, bringing logging trucks to normally quiet slices of the forest.
Read more »
Lightning sparks fire at Zion National Park, reminders from National Park ServiceA lightning-sparked fire in Zion National Park sent smoke into the skies of Washington County and prompted the closure of a popular trail
Read more »
Republican National Convention Day 3: Trump Arrives Before JD Vance Makes National Debut (Live Updates)Sara Dorn is a Forbes news reporter who covers politics, with a focus on elections and Capitol Hill. She joined Forbes in 2022 and is based in New York.
Read more »