Bronfman Drops Paramount Bid, Clearing Path for Skydance Deal
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Bronfman Drops Paramount Bid, Clearing Path for Skydance Deal

Media veteran Edgar Bronfman Jr. on Monday withdrew from the race to bid for Paramount Global, clearing the way for Skydance Media to take control of Shari Redstone's media empire. In a statement, Bronfman said his bidding group had informed Paramount's special committee on ...