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Edgar Bronfman Drops Out of Bidding War for Paramount Global

By Yahoo! Finance   |   Aug 26, 2024 at 09:24 PM EST
Edgar Bronfman Drops Out of Bidding War for Paramount Global

Edgar Bronfman Jr. withdraws from bidding for Paramount Global after offering $6 billion, losing to Skydance Media's $8 billion bid. Bronfman praises Paramount's assets but exits the process gracefully.

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