Paramount Shares Climb 7% as Edgar Bronfman Jr. Prepares Competing Bid

The Wrap
By Lucas ManfrediAug 15, 2024, 6:36 pm116 pts
Shares of Paramount Global jumped more than 7% on Thursday after The Wall Street Journal reported that Edgar Bronfman Jr., the former chief executive of Warner Music Group, is preparing a potential bid for the media giant and National Amusements, the holding company of controlling shareholder Shari Redstone.…

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