Edgar Bronfman Jr. Makes $4.3 Billion Bid to Take Control of Paramount Global in Challenge to
The book isnt closed yet on Paramount Globals months-long M&A epic. On Monday (Aug. 19), billionaire media mogul Edgar Bronfman Jr. submitted an offer valued at $4.3 billion to acquire Shari Redstones National Amusements Inc., which is the controlling shareholder of Paramount Global, Variety has confirmed.