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（納斯達克：PARA）（納斯達克：PARAA）在星期二的盤前交易中出現下滑，其A股和B股分別下滑3.06%和4.68%，據Benzinga Pro報道。這一下滑是在週一晚間其"Go Shop"期限結束後出現的。
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The company's board announced that Edgar Bronfman, Jr, a media veteran and managing partner at Accretive LLC, has withdrawn his consortium's proposal.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.
發生了什麼？公司董事會宣佈，艾德加·布隆夫曼卸任其聯盟的提案。布隆夫曼此前爲Paramount的持股公司National Amusements提出了43億美元的投標，後來提高到60億美元。
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.
特別委員會主席查爾斯·菲利普斯表示，委員會仍然認爲與Skydance Media，LLC達成的協議交易提供了即時價值和繼續參與價值創造的機會，在一個快速發展的行業格局中。
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.
爲什麼重要：據路透社報道，布隆夫曼的投標撤回是因爲他的聯盟夥伴中的一些人對與Paramount的特別委員會分享個人信息表示不安。Paramount在2022年CBS和Viacom合併後更名，於2023年12月與華納兄弟發現公司（納斯達克：WBD）進行了銷售談判。
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.
該公司於4月與Skydance進行了獨家合併談判，並於7月7日宣佈了交易。包括埃裏森家族和RedBird Capital Partners在內的Skydance投資者聯盟同意投資2.4億美元以收購National Amusements。該交易預計將於2025年上半年完成。
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Image: Shutterstock/ 4kclips
圖片來源：shutterstock/ 4kclips
This story was generated using Benzinga Neuro and edited by Pooja Rajkumari
本報道使用Benzinga Neuro生成，並由Pooja Rajkumari編輯