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Media executive Edgar Bronfman Jr. is formally making his play for Shari Redstone's media empire, in an attempt to scuttle a previous agreement to merge Paramount Global with David Ellison's production company Skydance Media.
Bronfman has submitted a $4.3 billion offer for National Amusements, the company through which Redstone's family controls the media giant, and a minority stake in Paramount Global, according to people familiar with the situation.
Posted In: PARA