A new 6 billion bid to take over paramount could undo plans to merge with skydance – Breaking News & Latest Updates 2026

Paramount’s merger: all the news on the drawn-out takeover drama

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Posted Aug 22, 2024 at 1:14 PM UTC

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A new $6 billion bid to take over Paramount could undo plans to merge with Skydance.

Media investor Edgar Bronfman Jr. increased his offer to acquire Paramount from $4.3 billion to $6 billion, according to CNBC. Paramount has since extended its “go shop” period to 15 days, which allows it to review offers from other potential buyers. The offer could potentially upend the sweetened deal it reached with Skydance last month.

Paramount special committee extends Skydance 'go shop' period as it reviews Bronfman offer

[CNBC]

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