Paramount Shares Dip Nearly 5% In Pre-Market As Company's 'Go Shop' Period Ends After Edgar Bronfman Abandons $6B Bid
Paramount Shares Dip Nearly 5% In Pre-Market As Company's 'Go Shop' Period Ends After Edgar Bronfman Abandons $6B Bid
Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) saw a pre-market dip on Tuesday, with its Class A and Class B stocks sliding by 3.06% and 4.68% respectively, as per Benzinga Pro. This downturn comes on the heels of the end of its "Go Shop" period late Monday.
Paramount Global（纳斯达克：PARA）（纳斯达克：PARAA）在星期二的盘前交易中出现下滑，其A股和B股分别下滑3.06%和4.68%，据Benzinga Pro报道。这一下滑是在周一晚间其"Go Shop"期限结束后出现的。
What Happened: The company's board announced that Edgar Bronfman, Jr, a media veteran and managing partner at Accretive LLC, has withdrawn his consortium's proposal. Bronfman had previously made a $4.3 billion bid for Paramount's holding company National Amusements, which was later raised to $6 billion.
发生了什么？公司董事会宣布，艾德加·布隆夫曼卸任其联盟的提案。布隆夫曼此前为Paramount的持股公司National Amusements提出了43亿美元的投标，后来提高到60亿美元。
Charles Phillips, Jr., chair of the special committee, stated that the committee still believes that the agreed transaction with Skydance Media, LLC offers immediate value and potential for continued participation in value creation in a rapidly evolving industry landscape.
特别委员会主席查尔斯·菲利普斯表示，委员会仍然认为与Skydance Media，LLC达成的协议交易提供了即时价值和继续参与价值创造的机会，在一个快速发展的行业格局中。
Why It's Important: The withdrawal of Bronfman's bid comes after some of his coalition partners expressed discomfort with sharing their personal information with Paramount's special committee, according to Reuters. Paramount, renamed after the merger of CBS and Viacom in 2022, began talks with Warner Bros. Discovery, Inc. (NASDAQ:WBD) regarding a sale in December 2023.
为什么重要：据路透社报道，布隆夫曼的投标撤回是因为他的联盟伙伴中的一些人对与Paramount的特别委员会分享个人信息表示不安。Paramount在2022年CBS和Viacom合并后更名，于2023年12月与华纳兄弟发现公司（纳斯达克：WBD）进行了销售谈判。
The company entered into exclusive merger talks with Skydance in April, announcing a deal on July 7. The Skydance investor coalition, including the Ellison Family and RedBird Capital Partners, agreed to invest $2.4 billion to acquire National Amusements. The deal is expected to close in the first half of 2025.
该公司于4月与Skydance进行了独家合并谈判，并于7月7日宣布了交易。包括埃里森家族和RedBird Capital Partners在内的Skydance投资者联盟同意投资2.4亿美元以收购National Amusements。该交易预计将于2025年上半年完成。
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Image: Shutterstock/ 4kclips
图片来源：shutterstock/ 4kclips
This story was generated using Benzinga Neuro and edited by Pooja Rajkumari
本报道使用Benzinga Neuro生成，并由Pooja Rajkumari编辑