Edgar Bronfman Jr. Boosts Paramount Bid to $6 Billion, Board Extends Deal-Negotiation Period

Paramount Global’s board has extended the go-shop window under its Skydance Media deal for 15 days as it engages with an investor group led by Edgar Bronfman Jr., which on Wednesday proffered $6 billion to take control of the media conglomerate — up from $4.3 billion previously. Bronfman and his backers on Wednesday made the […]