Aug 22 (Reuters) - Skydance Media is accusing Paramount
Global's ( PARAA ) special committee of directors of breaching
the terms of its deal by extending the period of time when it
can engage with other bidders, the Wall Street Journal reported
on Thursday.
This comes after veteran media executive Edgar Bronfman Jr
sweetened his bid to take over Paramount offering $6 billion for
its controlling shareholder National Amusements and a minority
stake in Paramount.