The long-running bidding war for Paramount Global may finally be over after billionaire businessman Edgar Bronfman Jr. dropped out of the race yesterday. The media investor and his bidding group entered the M&A saga at the last minute last week by Bid of $4.3 billion (later increased to $6 billion) to acquire National Amusements from […]

It’s too early to draw the credits on the sale of Paramount Global, as businessman Edgar Bronfman Jr. and his consortium of potential investors submitted a revised – and increased – offer for the Hollywood giant at the last minute. Bronfman Jr.’s group originally made a $4.3 billion bid on Monday to acquire National Amusements […]