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What will be the outcome of Edgar Bronfman Jr.'s bid for National Amusements by end of 2024?
4
Resolution / Starting Odds
Accepted • 33%
Rejected • 33%
Pending • 33%
Official announcements from National Amusements or Paramount Global, major news outlets like WSJ, Bloomberg
Story
Edgar Bronfman Jr. Bids $2 Billion-Plus for National Amusements ($PARA)
Jun 10, 2024, 03:33 PM
Former media executive Edgar Bronfman Jr., backed by private-equity firm Bain Capital, has expressed interest in buying National Amusements, the company that controls Paramount Global. Bronfman's bid is reported to be in the range of $2 billion to $2.5 billion. Shari Redstone currently controls Paramount Global through National Amusements. The bid was reported by WSJ and involves the stock symbol $PARA.
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Media Conglomerate • 25%
Technology Company • 25%
Other • 25%
Yes • 50%
No • 50%
Accepted • 33%
Rejected • 33%
Modified and Accepted • 34%
Accepts Sony and Apollo's offer • 25%
Accepts another offer • 25%
Merges with another entity • 25%
Remains independent • 25%
Acquired by Sony and Apollo • 33%
Acquired by another company • 33%
No acquisition • 33%
Yes • 50%
No • 50%