Overview

• Bronfman is exploring a bid for National Amusements, Paramount Global's controlling shareholder.
• Skydance Media's $8 billion deal to acquire and merge with Paramount includes a 45-day 'go-shop' period.
• Paramount must pay a $400 million breakup fee if a rival bid is accepted.
• Barry Diller has withdrawn his interest, citing Larry Ellison's vast financial resources.
• Bronfman's final bid details and financial backers remain unclear.