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Paramount M&A Saga Continues: Edgar Bronfman Jr., Bain Capital Mulling up to $2.5 Billion Bid for Shari Redstone’s National Amusements
Edgar Bronfman is teaming with Bain Capital on a potential offer of up to $2.5 billion for National Amusements, Paramount's controlling shareholder.
Shari Redstone may have another offer on the table to buy National Amusements Inc., the controlling shareholder of Paramount Global — the latest twist in the months-long M&A drama swirling around the troubled media conglomerate. Erstwhile media mogul Edgar Bronfman Jr. is teaming with investment firm Bain Capital to put together an offer of up to $2.5 billion for Redstone’s National Amusements, sources confirmed. Other parties said to have shown interest in buying NAI include producer and filmmaker Steven Paul, who was behind the “Baby Geniuses” movie franchise and is actor Jon Voight’s manager.
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