https://www.theguardian.com/media/artic ... unt-global
Bronfman submitted a $4.3bn offer for National Amusements, the vehicle that holds media tycoon Shari Redstone’s controlling stake in Paramount, the Wall Street Journal reported, citing sources familiar with the situation.
Bronfman’s offer includes $2.4bn in debt and equity for National Amusements, a source told Reuters, and he would also contribute $1.5bn to Paramount’s balance sheet, which could be used to pay down debt.
The bid also adds $400m to cover a breakup fee to end a rival deal – in line with the $400m breakup fee Paramount must pay Skydance if it ultimately walks away from their agreement.