02:56 PM EDT, 08/19/2024 (MT Newswires) -- Paramount Global ( PARAA ) , which has agreed to merge with Skydance Media, is expected to extend a deadline for other takeover bids if Edgar Bronfman Jr. makes an offer before Wednesday night, Bloomberg reported Monday, citing people with knowledge of the matter.

Bronfman is expected to make an offer for the company as early as Monday, Bloomberg reported, citing one of the people.

(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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