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Edgar Bronfman close to offer for Paramount, Bloomberg reports

Edgar Bronfman is close to making an offer for Paramount Global that would compete with an accepted bid from Skydance Media, Thomas Buckley and Hannah Miller of Bloomberg report, citing people familiar with his plans. Bronfman is considering an offer for National Amusements, the Redstone family company that controls Paramount, as well as an investment in Paramount itself, one of the people told Bloomberg. Shares of Paramount are up 7% to $10.99 following the report.

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