02:05 PM EDT, 08/15/2024 (MT Newswires) -- Edgar Bronfman Jr. is close to making an offer for Paramount Global ( PARAA ) , Bloomberg reported, citing people familiar with the matter.

The Seagram heir is mulling an offer for National Amusements, the Redstone family's company that controls Paramount, as well as an investment in Paramount itself, the report said.

Paramount declined to comment, and Bronfman didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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