The Take: Bronfman Bows Out, Paving the Way for Skydance’s Paramount Takeover Amid Media Industry Challenges
Ragul Thangavel
Edgar Bronfman Jr. withdrew his $6 billion bid for Paramount, clearing the way for Skydance Media to complete an $8 billion merger deal with the media company. Bronfman’s bid faced significant financial scrutiny and tight deadlines, which ultimately led to…