Aug 23 (Reuters) - Edgar Bronfman Jr. is open to having

Shari Redstone remain involved with Paramount Global ( PARAA ) if

its special committee accepts his consortium's bid for National

Amusements, the controlling shareholder, CNBC reported on

Friday.

On Wednesday, the veteran media executive sweetened his bid

to take over Paramount offering $6 billion for National

Amusements and a minority stake in the media conglomerate.

Bronfman's competing offer threatens to undo a planned

acquisition by tech scion David Ellison and his independent

studio Skydance Media.

If Paramount, controlled by Redstone's family business,

accepts an offer that Skydance does not match, it would have to

cough up a $400 million in break-up fee.

Paramount and its special board committee declined to

comment, while National Amusements and a spokesperson for

Bronfman did not immediately respond.