Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer

The special committee at Paramount has decided to extend the ‘go shop’ period for Skydance Media as they review an offer made by Bronfman. This means that the company has more time to look for, or solicit, higher offers from other potential buyers or investors. The committee is focused on ensuring that they make the best decision to maximize the company’s value. The offer from Bronfman, a renowned businessman, is under meticulous review as the committee explores the best options for the future of the