Aug 19 (Reuters) - Veteran media executive Edgar
Bronfman Jr. submitted a bid on Monday to acquire a stake in
Paramount Global ( PARAA ) and National Amusements, the Redstone
family company that controls the entertainment giant, a person
familiar with the matter told Reuters.
The competing offer for the home of Paramount Pictures, the
CBS broadcast network and MTV is a fresh twist in a sale process
marked by a number of unexpected turns.
Terms of the offer could not immediately be learned.