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Bronfman's Paramount bid could keep Shari Redstone involved at the company, CNBC reports
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Bronfman's Paramount bid could keep Shari Redstone involved at the company, CNBC reports
Aug 24, 2024 3:40 PM

Aug 23 (Reuters) - Edgar Bronfman Jr's offer for a

controlling stake in Paramount Global ( PARAA ) could keep Shari

Redstone close to the company, if his bid is successful, CNBC

reported on Friday.

Bronfman is open to having Redstone remain involved with the

company if the Paramount special committee accepts his

consortium's bid for National Amusements, the controlling

shareholder, the report said, citing a person familiar with the

matter.

(Reporting by Jaspreet Singh in Bengaluru)

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