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The Latest Breaking News from Edgar Bronfman Jr

Stock Market Today: Stocks Edge Higher With Nvidia Earnings in Focus

Nvidia stock gained ground ahead of tomorrow's after-the-close earnings event, while Super Micro Computer got hit by a short seller report.

Kiplinger

Midday stock movers: Netflix, Paramount, CAVA

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The Street

Skydance Merger With Paramount Moves Forward After Bronfman Drops Bid

Canadian media mogul proposed $4.3B for the company a week ago

TV Tech

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Path clears for Paramount merger with Skydance after Bronfman drops bid

Ex-Warner Music chief had formed consortium to gazump planned deal but some would-be investors withdrew

The Guardian - UK

Edgar Bronfman Jr. withdraws offer for Paramount, allowing Skydance merger to go ahead

The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer

The Independent UK

Edgar Bronfman Jr.’s Bid for Paramount Fades to Black

Withdrawal appears to clear way for Skydance to close acquisition of struggling media company

Multichannel News

Path Cleared For Skydance Media's Paramount Takeover As Edgar Bronfman Exits Bid

Paramount's board, through its special committee, confirmed the conclusion of the "go shop" period.

International Business Times

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Report: Paramount Considering Sale of 12 Local TV Stations

Bloomberg is reporting that Paramount has hired a banker to explore asset sales, which would include local TV stations

TV Tech

Skydance Accuses Paramount Of Breaching Buyout Deal Terms, Seeks Halt To Bronfman Negotiations: Report

David Ellison's Skydance is reportedly demanding that Paramount stop its negotiations with Edgar Bronfman Jr. after the latter improved his bid to acquire the entertainment titan.

International Business Times

Paramount extending 'go shop' period by 15 days so it can review Bronfman offer

Entertainment giant Paramount Global is extending by 15 days a period where it’s allowed to assess alternative offers to its merger agreement with Skydance so that it can review a proposal from Edgar Bronfman, Jr. Paramount said late Wednesday that the “go shop” period for Bronfman will be extended until…

The Independent UK

Paramount Global receives $4.3bn takeover offer from Edgar Bronfman Jr

Veteran media executive’s bid would scupper Hollywood media empire’s planned merger with Skydance Media

The Guardian - US

Bronfman Makes $4.3B Bid for Paramount

Paramount and its main shareholder had previously accepted a bid from Skydance Media

TV Tech

Edgar Bronfman Makes $4.3 Billion Bid For Paramount

Shari Redstone’s National Amusements gets $2.4 billion

Multichannel News

Edgar Bronfman Submits $4.3 Billion Rival Bid For Paramount Global

The bid also covers a $400 million breakup fee, which would be necessary to terminate a competing agreement that Paramount Global had previously entered into.

International Business Times

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Broadcasting & Cable

Is Warner Bros. Discovery's Financial Health Really 'Better Than It Appears'?

Also in this week's 'Next Text,' we kick the tires on Venu Sports' future, whether 'home entertainment' still exists ... and those who would doubt Caleb Williams

Multichannel News

Fubo Adds 173,000 Subs, Cuts Loss in Q4

Shares in sports-centric vMVPD drop 8%

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