Bronfman’s Paramount bid could keep Shari Redstone involved, CNBC reports By Reuters


© Reuters. Shari Redstone arrives for the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 9, 2024.  REUTERS/Brendan McDermid/ File Photo

(Reuters) – Edgar Bronfman Jr’s offer for a controlling stake in Paramount Global could keep Shari Redstone close to the company, if his bid is successful, CNBC reported on Friday.

Bronfman is open to having Redstone remain involved with the company if the Paramount special committee accepts his consortium’s bid for National Amusements, the controlling shareholder, the report said, citing a person familiar with the matter.


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