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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 10 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

Paramount News

Skydance,Edgar Bronfman,National Amusements

NEW YORK (AP) — The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing ...

The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer. Bronfman, executive chairman of streaming service Fubo, told Paramount's special committee of directors Monday night that he would not proceed with his bid. “While there may have been differences, we believe that everyone involved in the sale process is united in the belief that Paramount’s best days are ahead,” he said.

Precision Weeding Market Worth $10.65 Billion by 2034 - A Global and Regional Analysis 2024-2034: Focus on Application, Site of Application, Type, and Competitive Landscape

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines