financetom
Business
financetom
/
Business
/
Edgar Bronfman submits rival bid to acquire Paramount Global
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Edgar Bronfman submits rival bid to acquire Paramount Global
Aug 19, 2024 8:46 PM

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US postpones Wyoming coal lease sale after disappointing Montana auction
US postpones Wyoming coal lease sale after disappointing Montana auction
Oct 9, 2025
(Reuters) -The Trump administration has postponed a scheduled sale of coal leases on federal lands in Wyoming two days after a disappointing auction in Montana, an Interior Department spokesperson said on Wednesday. The Bureau of Land Management, a division of Interior that manages 245 million acres of federal lands, had been expected to keep processing permits and leases for oil,...
Industrial automation firm Reko's FY 2025 gross profit up 66.8%
Industrial automation firm Reko's FY 2025 gross profit up 66.8%
Oct 9, 2025
Overview * Canada's Reko ( RKIGF ) fiscal 2025 sales declined 4.8% yr/yr due to lower volumes and tariff-related delays * Gross profit for fiscal 2025 rose 66.8% yr/yr, driven by customer mix * Adjusted EPS for fiscal 2025 was C$0.39, compared to a loss of C$0.13 last year Outlook * Company did not provide specific guidance for future quarters...
Why Is SEALSQ Stock Soaring Thursday?
Why Is SEALSQ Stock Soaring Thursday?
Oct 9, 2025
SEALSQ Corp ( LAES ) shares are trading higher Thursday after the company announced a strategic partnership with Trusted Semiconductor Solutions (TSS) to develop post-quantum cryptography (PQC) semiconductor solutions for U.S. defense and government agencies. What Happened: SEALSQ ( LAES ), a semiconductor and post-quantum cryptography solutions company, is partnering with TSS, a Category 1A Trusted-accredited firm, to co-develop “Made...
BrentCare Behavioral Health Holdings Announces Acquisition of Modern Recovery Network
BrentCare Behavioral Health Holdings Announces Acquisition of Modern Recovery Network
Oct 9, 2025
BRENTWOOD, Tenn., Oct. 9, 2025 /PRNewswire/ -- BrentCare Behavioral Health announced today that it has acquired Modern Recovery Network (MRN), a move that transforms BrentCare into a national leader in adolescent behavioral health. The acquisition expands BrentCare's reach from regional programs in Texas and Florida to a nationwide continuum of care, now offering residential, outpatient, and virtual services across all 50...
Copyright 2023-2026 - www.financetom.com All Rights Reserved