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Bronfman Makes $4.3 Billion Offer for Paramount Global
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Edgar Bronfman Jr.'s $4.3 billion bid to take control of Paramount Global faces an uphill fight with a rival offer from Skydance Media already accepted, Bloomberg Intelligence analyst Geetha Ranganathan says on "Bloomberg Open Interest." The key question is how Bronfman's proposal will be viewed by Paramount Chair Shari Redstone, Ranganathan says.
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