Paramount Stock Has Down Day As Edgar Bronfman’s Exit Dashes Hopes Of Bidding War
Shares of Paramount Global are softer Tuesday after Edgar Bronfman Jr. exited the Paramount fray last night and shareholders hoping for a bidding war with Skydance were disappointed. “It was a long shot to begin with,” said one investor of Bronfman’s offer. “But you always want a competitive process with the hope that one or […]