Edgar Bronfman Jr. is open to having Shari Redstone stay involved at Paramount if the special committee accepts his consortium's bid for a controlling stake.
Bronfman has raised $6 billion to challenge Skydance Media for ownership of National Amusements, the holding company founded by Sumner Redstone, according to people familiar with the matter. Both Bronfman's bid and Skydance's bid would also include money to buy out a percentage of Paramount Global common shareholders.
Bronfman still has a few more days to raise more money for a competing bid to counter Skydance, which agreed to an $8 billion deal to merge with Paramount GlobalNational Women's Soccer League gets rid of draft and raises players' minimum salary to $82,500 with new agreement Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklySkydance CEO David Ellison and Redstone have had several discussions about the potential for Redstone to stay in as a shareholder of a combined Skydance-Paramount Global, according to people familiar with the matter.
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